Renting out your primary residence can be a smart way to generate extra income to help cover mortgage payments or use an unoccupied building if you’ve relocated. To help you start on the right foot, ...
The tax rules for a home sale are pretty clear-cut, yet I continue to speak with people who are confused about what they will owe if they were to sell their primary residence. This confusion may be ...
Selling your home can have tax consequences if its value has gone up. The IRS offers an exemption that lets you exclude some of the profit from capital gains tax when selling your primary residence, ...