The Section 121 Exclusion lets taxpayers exclude up to $250,000 of the gain from the sale. A couple filing jointly can ...

The post 4 Strategies To Avoid Capital Gains on Inherited Real Estate, 2 of Which Will Earn You Up to $500K appeared first on ...

The IRS taxes a home sale as gains or losses on an investment. You pay capital gains rates if you owned the property for one year or more, and earned income rates if you’ve owned the home for ...

Let’s explore how irrevocable trusts can help investors preserve their wealth while complying with IRS regulations.

Whether you will pay capital gains tax on a home sale that resulted in a profit depends on how much of a profit you made, how long you lived in the home you sold, and what type of property it was ...

I am selling my house and the price is $504,999 ... The IRS allows single filers to exclude up to $250,000 of capital gains from the sale of their home, and married couples filing jointly to ...

This article examines ways to legally reduce your capital gains taxes on the sale of highly appreciated real estate, excluding the more commonly known Internal Revenue Code Section 1031 exchange ...

As you can imagine, the taxes on a home sale could ... of the house. (That's $250,000 if you're single; if you're married and filing jointly, you get to keep $500,000 of capital gains.) ...