The Internal Revenue Service has announced a comprehensive update to the federal tax code, setting the stage for a ...
When it comes to building wealth through real estate investing, understanding the nuances of real estate taxes is critical. Taxes can significantly affect the profitability of investment properties.
Good morning. I’m Globe financial columnist Larry Edelman, writer of the Trendlines business newsletter. (You can sign up here.) Today, I look at one way to chip away at the frozen housing market: ...
In July, we told you about a move in Congress to scrap federal capital gains tax (CGT) on the sale of owner-occupied homes ("principal residences"). But unless and until that proposal becomes law, ...
When advisors make changes to a client's portfolio, they can inadvertently trigger a tax event and it’s a common occurrence according to Erik Preus, group head of investment solutions at Envestnet.
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 ...
Now that 2024 has come to a close, investors are starting to think about 2025’s investments. However, to get a clear picture of how your investment strategy might play out, you need to know the ...
South Korea has abandoned a controversial plan to lower the capital gains tax threshold for stock investors, marking President Lee Jae Myung’s first major policy reversal since taking office in June.
Looking to live tax-free with crypto in 2025? These five countries, including the Cayman Islands, UAE and Germany, still offer legal, zero-tax treatment for cryptocurrencies. Cayman Islands: No income ...
Why it matters for you, even if you’re not ultra-rich Kansas City Star / Getty Images Missouri removed its capital gains tax, meaning residents won't have to pay state taxes on profits when selling ...