Anna-Louise Jackson is a contributor to Buy Side and an expert on economics, investing and real estate. Assets owned for one year or less generate short-term gains. Assets owned for over one year ...
The stock market was on a tear in 2023, which is fantastic for your net worth. The downside might be that you may be sitting on a large amount of capital gains. (To be clear, this is a good problem to ...
The capital gain rules have changed for property sold on and after July 23rd, 2024. Today's Ask Wallet Wise query decodes the income tax rules for the computation of capital gains for FY2025-26.
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, ...
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 ...
The capital gains tax is destructive. By lowering the rewards of successful risk-taking—essential to innovation and a higher standard of living—the cap gains tax needlessly hobbles progress. It also ...
Selling assets such as property can create both long-term gains and losses and understanding how these are taxed is crucial. Today's Ask Wallet Wise query answers how recent changes in indexation ...
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 ...
New Delhi: Govt has decided to rework its proposal on long-term capital gains tax for real estate by providing individuals and HUFs the option to pay tax along with indexation benefit at 20%, or at 12 ...
Donald Trump, speaking to reporters on many topics, including capital gains tax. “We’re looking at that,” Trump responded. “It could be a very big positive. I think it’s going to be a great incentive ...