If you sell a home that you inherited, your “cost basis,” or the amount you are considered to have paid for the property, is ...

Relief on the sale of your main home is one of the biggest tax breaks of all. Between 2021 and 2022 homeowners saved £37.3bn in capital gains tax. But private residence relief cannot be claimed ...

But what if you sold your home and pocketed as much as $640,000? You could still end up owing a hefty capital gains tax bill on the sale depending on if you’re married or not. Then again ...

You don’t pay tax on the sale of your home, but you may have to for a secondary property or residence, and/or investment property. According to the CRA, a property is exempt from capital gains ...

Naturally, when you sell your home you hope to make a nice profit. But beware a bite in your earnings when tax day rolls around: the federal capital gains tax. If your home has substantially ...

That means if you sold crypto during the year, you’ll need to report it on your tax return as a capital gain or loss. Depending on how long you held the crypto before selling, you’ll owe short-term or ...

On April 1, Globe reporters Erica Alini, Salmaan Farooqui and Rudy Mezzetta answered reader questions about filing for the ...

Those long-term capital gains could play a big role in your retirement finances — and a positive one. I'm 49 years old and ...

You may need to pay capital gains tax (CGT) on shares you own if you sell them for a profit ... The FCA does not regulate most Buy to Let mortgages. Your home or property may be repossessed if you do ...

Understand dividend taxes and learn about qualified vs. ordinary rates. Discover how dividends are taxed and optimize your ...

It’s called the principal residence exemption. A home that has served as your principal residence is exempt from capital gains tax, as long as it meets the following criteria: You own the home ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Zoe Hansen ...