Homeowners who sell at a loss usually get no tax break on primary residences. IRS treats it as personal property, not an ...
My husband, 71, and I, 66, are retired. We have total combined assets of $1.5 million, plus our house, which is worth around $700,000. We have no debt, have been living in our present home for about ...
SAN ANTONIO – From the top of the Tower of the Americas to the walls of The Alamo and down to the River Walk, San Antonio has earned a spot on the list of favorite destinations among tourists. Steven ...
Harvey Dorset, of This is Money, replies: It would be fair to say that many landlords aren't focused on the futures of their tenants, and their hopes of making it onto the property ladder. That is ...
As tax season approaches, you might be asking yourself, “Is rental income taxable?” Or, “Do you pay tax when you sell a rental property?” The short answer is that it depends. Rental income is often ...