A home seller may not owe any capital gains taxes on sale of a principal residence if the transaction qualifies for the ...

Selling your home to downsize can make your retirement more financially stable, but if you have a profit on the sale you ...

If that happens, what sort of taxes will you owe on the sale? In most cases, when you sell a house, you owe long-term capital gains tax on the profit that you make from the sale (minus any ...

Fortunately, in many cases those selling their primary residence who are single can exclude $250,000 from capital gains taxes, while married couples filing jointly can exclude $500,000. Employing ...

Whether you’re selling shares or a family property, knowing how capital gains tax works can help you keep more of your ...

When is capital gains tax payable on the sale of property ... A capital loss occurs when you sell a property for less money than you originally purchased it for. In some cases, you might be ...

America should do away with capital gains tax on home sales. There’s a lot of pent-up housing demand partly because inventory ...

If you make a gain after selling a property, you'll pay 18% capital gains tax (CGT) as a basic-rate taxpayer, or 24% if you pay a higher rate of tax. For other assets, such as shares, the rate depends ...

Navigating the complexities of tax exemptions under Section 54F can be tricky, especially for homeowners looking to purchase ...

Selling high-performing stocks or a cottage property can reap significant ... Let’s look at how capital gains tax works in Canada and strategies to avoid paying more taxes than you need to ...