Selling a second home can trigger up to 20% in capital gains tax. Learn the proven ways to cut, defer, or avoid this tax hit.

If you made money selling stocks, crypto, real estate or other investments, chances are you’ll owe capital gains tax. However, the amount depends on how long you held the asset and how much you earned ...

But we also get people who have sold their home, and they’re sitting on gains and there was no preplanning.” Dennis said that ...

When you sell a highly appreciated asset—such as a business, a piece of real estate or a long-held stock portfolio—you face the prospect of capital gains taxes that can significantly reduce your net ...

When asked about the idea this week in the Oval Office, Trump told reporters, "we're thinking about that." Under current law, you can trigger capital gains taxes for a primary home sale if your profit ...

In recent years, more people across the United States are triggering capital gains taxes when they sell their primary homes. This is happening even though the federal government offers a tax break: a ...

Capital gains taxes can eat into the profits you make from selling investments, sometimes leaving you with less money than you might have expected. But one state has changed its tax policy to help its ...

In comments to the press on Tuesday, President Donald Trump suggested he is considering eliminating capital gains taxes on the sale of homes. Soon afterwards, Rep. Marjorie Taylor Greene of Georgia ...

For families locked into highly appreciated stock that could bring a big tax hit from the capital gains on any sale of the holdings, a so-called upstream gift could offer a solution. But the potential ...

President Donald Trump on Tuesday signaled support for legislation eliminating a capital gains tax on home sales, suggesting a reform on the tax policy—which has gone unchanged for decades—that a ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

Just when you think things couldn’t get worse for California’s beleaguered taxpayers, a new problem is beginning to emerge that will surprise many homeowners when they sell their primary residences.