Homeownership
Find tips for paying off your mortgage, refinancing to a better interest rate and boosting your home's value.
Latest Articles
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Reporting gains in a 1031 exchange
The usual capital gains rules are different when the property is a like-kind exchange.
2 min read Feb 05, 2021 -
Is an insurance settlement taxable?
In certain cases, the remains of a settlement to repair a home’s sinkhole damage could be taxed.
1 min read Oct 23, 2019 -
Claiming capital loss on a home
Converting your home to a rental so you can claim the capital loss won’t fly with the IRS.
1 min read Oct 23, 2019 -
Avoiding capital gains on foreign property
How can a U.S. citizen avoid paying capital gains tax on the sale of property in another country?
2 min read Oct 23, 2019 -
Property taxes too high? Get help
Third parties help homeowners appeal property tax bills. But should you do it yourself instead?
6 min read Apr 11, 2022 -
Figuring depreciation recapture
Depreciation recapture on the sale of real property can be offset by capital losses.
2 min read Nov 14, 2017 -
Computing rental depreciation
Your income threshold makes a difference when figuring depreciation on a rental building.
2 min read Feb 05, 2009 -
Capital gains exclusion amount
Newlyweds selling their premarital homes will each get the $250,000 exclusion.
2 min read Feb 02, 2009 -
IRA distribution taxes
Unlike a qualified retirement plan, an IRA has no payback period for a distribution used to buy a home.
2 min read Jan 28, 2009 -
Capital gains on a duplex
Figuring capital gains tax on the sale of a duplex is a game of percentages.
2 min read Oct 22, 2019