Although it is often said that nothing is certain except death and taxes, the one tax you may be able to avoid or minimize most through planning is the tax on capital gains. Here's what you need to know to do such planning...more
If you've lived at a property for at least two out of the five years before you sell your home, you can consider that property your primary residence or "main home", per the Internal Revenue Service. The IRS will then...more
As boomers reach retirement age, they are seeking a more carefree lifestyle by reducing the square footage of both house and yard, and purchasing more new and easily maintained homes....more