Capital Gains Tax

If you sold your home and made a profit, you must report the capital gain, however, there are exclusions. If the sale is on your main home, individual homeowners can exclude up to $250,000 in...

What papers do I need to file in order to sell a house that was gifted to me? If you’ve been gifted a house, either during the donor’s lifetime, or as a testamentary bequest (under the Will of...

Investing in the stock market can give a wonderful rush, or a horrible headache depending on the day. Lately, more headaches than rushes have been heading investors' way. Why make taxes one more...

Capital gains taxes are an issue for many investors who "play" the stock market or "flip" real estate, as they are a special tax available for those who realize a profit on these kinds of assets...

Many of us have seen the website that offer people rent out their homes when a big event it taking place in their city. Example, the World Series or Olympic. There is big potential to make a lot...

This article expands on my other article showing you how to salvage your finances in a tough market. 2008 and 2009 are prime years to sell highly appreciated securities. Even your stocks aren't as...

A seller who wishes to defer paying income taxes due from the sale of a business or investment property can take advantage of the Internal Revenue Code Section 1031, commonly known as a 1031...

When you sell a capital asset, whether it relates to your business or personal life, you are going to get nicked with capital gains taxes. While capital gains taxes are less than normal income...

Taxes aren't usually withheld from payments such as rental, self-employment, alimony and capital gains income. It may be necessary to pay an estimated amount of tax. If you're due a refund for the...