This is the last home they expect to own. Talking to a professional tax advisor will help determine the capitol gains hit.

If you sell a home that you inherited, your “cost basis,” or the amount you are considered to have paid for the property, is ...

Unburdening yourself from the costs of homeownership can work wonders for your finances — but there are pitfalls to consider, ...

You don’t pay tax on the sale of your home, but you may have to for a secondary property or residence, and/or investment property. According to the CRA, a property is exempt from capital gains ...

A coalition of real estate trade groups is laying down a marker on carried interest as lawmakers work to pass a ...

The American Seniors Housing Association has joined with 16 other real estate industry partners to urge Congress to avoid new tax hikes on real estate.

Learn how a 721 exchange differs from a 1031, defers capital gains taxes and provides passive income for long-term investors.

Inherited properties come with tax implications. Here are some tips for those who have inherited property to reduce their ...

Capital gains tax does not apply to real estate that qualifies as your principal residence for all years you owned it. Many Canadians consider capital gains a form of “passive income.” ...

By the time Rachel Reeves finished her Spring Statement, the ominous sound of a till drawer opening was ringing around ...

Unburdening yourself from the costs of homeownership can work wonders for your finances — but there are pitfalls to consider, too.