Q: We are selling our townhome this year that we bought almost 30 years ago. We lived there first for 17 years, as a primary ...

Key takeaways Capital gains tax is a levy imposed by the IRS on the profits made from selling an investment or asset, including real estate. Primary residences have different capital gains guidelines ...

If you reinvest the proceeds in a well-diversified portfolio (such as exchange-traded funds, unit trusts, or a tax-free ...

Therefore, their capital gains tax was $40,000. Most commonly, real estate is categorized either as investment or rental property or as a principal residence. An owner’s principal residence is ...

The UK rental property market remains a popular investment choice, offering a steady income stream and long-term capital ...

Property investors are starting to become more active, new data suggests, but there's a warning they may need to factor in a lower level of capital gains in future than has been seen in the past.

you must own it for five years if you want to exclude any capital gains. “Such a gain is further subject to pro rata discussion based on the number of years the property was used for rental ...

That number equals your capital gain from the sale of your property. If you have lived in the home for at least two of the last five years, you will have an exclusion, an amount which is not taxable.

Capital gains and losses can occur with many types of investments and property, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), rental properties, cottages and business assets.