What if a husband and wife own a home together that increases in value by $500,000. When one spouse dies and the other owns the property themselves, do they receive a step-up in basis? Or do they only ...

Selling a home you inherit can trigger capital gains taxes, though you might not owe anything if you sell right away. If you live in the property for a couple of years before selling, you might be ...

Inheriting a home can be both a gift and a challenge. Alongside the emotional weight of loss, you might also face tough financial decisions, especially if you plan to sell the property. One of the ...

A non-resident seller of inherited property may face a 12.5% long-term capital gains tax without indexation, often pushing ...

As home values have soared, the taxes tied to owning and selling a home are under more scrutiny than ever. For longtime homeowners who bought low and watched their equity grow, it’s become a boxing ...

In recent years, more people across the United States are triggering capital gains taxes when they sell their primary homes. This is happening even though the federal government offers a tax break: a ...

Realtor giving african customer taking keys to new home, interracial couple clients buying rental house, mortgage loan investment, real estate deal or property ownership concept, hands close up view ...

A bill filed at the House of Representatives seeks to abolish the estate tax and shift taxation of inherited property to the ...

President Donald Trump said he's "thinking about" eliminating the federal capital gains tax on home sales, in a move that experts are welcoming while warning that it would favor wealthier homeowners ...