If you or your spouse is granted use of a home as part of a divorce orseparation agreement, the spouse who doesn't live in the home can still count the days of use that the other spouse lives in that home. This can come into play if one spouse moves out of the house, bu...
If you sell a house you didn’t live in for at least two years or that isn't your primary residence, capital gains tax on real estate may apply.
Computing Capital Gains Taxes When Selling Land Linked to HouseGlink, IlyceTamkin, Samuel J
If you decide to sell your house to simplify life, lock in gains, downsize, or relocate for a job, this article will help you minimize your capital gains tax bill. You may even be able to pay no capital gains tax after selling your house for big bucks. According to the IRS, most ho...
The fees associated with selling a house usually amount to around 9 to 10% of the sale price, plus the cost of home prep and staging.
Right, but the only way to make more money on a new position is to chase the SP since I don't want to go farther than 1/7 just yet. It will all come down...
Considering selling your house to pay off debt? Review these factors to help you decide what's right for you.
Before the pandemic, the country had been experiencing a rapid rise in house prices. There had been concerns that Covid-19 would stop price rises in their tracks, but that proved not to be the case. In 2020, house prices rose by the second fastest rate in Europe³. And in October 20...
While you can pay as much for a house as you want, lenders have strict parameters in place for loan-to-value ratios. To calculate your loan-to-value ratio, they will use the appraised value (not the purchase price). If your appraised value comes in lower than the purchase price, it ...
. There’s always a chance that a real estate agent can sell your home for a better price, which would offset their commission. However, Del Degan appreciated the simplicity that Bode offered. He also liked the lower fees, which came out to just one per cen...