In most cases, when you sell a house, you owe long-term capital gains tax ... liability but losing the capital gains exemption. Before you purchase a property through your business, or purchase ...

Eventually, when you dispose of the property, either voluntarily ... $500,000 is tax-free and $20,000 is taxed at long-term capital gains rates. Selling a primary home where you claimed a home ...

The new residential property must be acquired within two years from the date of sale of the under-construction property.

Because the couple has owned and lived in the home for at least two out of the last five years, long-term capital gains tax rates will apply. The tax bill for the sale alone would be $50,000 at 15 ...

The NRI seller of the property located in India is always faced with intricate issues concerning his tax planning, TDS obligations, as well as the requirements of the FEMA. It is also important to ...

Another key to minimizing the amount you pay in capital gains taxes is investing for the long term. When you "sell positions that are at least a year old," you will "pay the more favorable long ...

Tax strategies that apply to private partnerships include capital gains tax deferral, depreciation, tax credits, and ...

If you buy and sell ... you have capital losses in some other investment, such as stocks, you can use those losses to offset the gains on your home. However, you can offset long-term gains with ...

Budget 2025 discussions on LTCG tax focus on possible changes in long-term capital gains exemptions, impacting stock market ...

Do you have income tax-related queries? Please ask your questions HERE and rediffGURU T S Khurana, a fellow member of The Institute of Cost Accountants of India, will answer them. Illustration ...

the long-term capital gains tax rate likely applies. Unfortunately, there's no way to completely avoid capital gains taxes if you sell. See Also: Deloitte's fastest-growing software company ...