Explore capital gains tax penalties, reasons for their imposition, their impact, and strategies to avoid them. Navigate IRS ...

As home values climb, more Americans owe capital gains taxes when selling property. But knowing how to calculate your home's profit could reduce your bill, experts say. Stream NBC 5 for free, 24/7, ...

Selling a second home can come with an unexpected tax burden. It doesn't matter if it's an inherited ramshackle cabin, a luxury vacation retreat, or even a rental investment, the IRS treats the sale ...

When asked about the idea this week in the Oval Office, Trump told reporters, "we're thinking about that." Under current law, you can trigger capital gains taxes for a primary home sale if your profit ...

Dear Liz: I have sold my family home recently after almost 50 years. I had done lots of improvements throughout those years. Due to a fire 15 years ago, all the documentation for these improvements ...

Some traders and investors may not have a complete understanding of the way their profits or losses will be taxed and how that impacts profit margin, or capital gains taxes, and how these taxes can ...

Real estate experts are weighing in on a potential end to capital gains tax on home sales — as floated by President Donald Trump this week — and whether it could help unlock the housing market. The ...

Explore the nuances of Capital Gains Tax vs Income Tax, their impact on financial planning, investment strategies, and ...