It's often said that buying a house is one of the best investments you can make. And, just like any investment, it comes with tax issues. With an investment like stocks or bonds, the profit you make ...

When you sell a primary residence, the IRS allows you to exclude from your capital gains taxes the first $250,000 of profits ...

With American households sitting on $34.5 trillion in home equity in the first quarter of 2025, according to online loan marketplace LendingTree, a lot of cash will be unlocked when these homes sell.

The sales tax deduction lets you deduct the state and local sales taxes you’ve paid throughout the year, but only if you itemize your deductions. If you live in a state with no income tax or have made ...

The IRS will rake in $1,245,000 for the sale of a four bedroom Mequon home once owned by a Milwaukee lawyer convicted of failing to pay taxes on about $3.4 million of income. The tax agency said there ...