Homeownership

Latest Articles

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  Capital gains tax on inherited property?

  The rules that apply to inherited property in the U.S. also apply to inherited foreign property.

  2 min read May 08, 2012
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  Deducting investment interest expense

  Your mortgage interest can offset investment income from dividends, interest and capital gains.

  2 min read Jan 12, 2012
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  Deducting taxes on unimproved land

  You can elect to capitalize some expenses if you can’t benefit from a tax deduction.

  2 min read Jun 02, 2011
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  Pay off mortgage with IRA funds?

  Although you’re more than 59½ years old, you still have to pay income tax on the withdrawal.

  1 min read May 12, 2011
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  Capital gain exclusion applies to foreign home

  U.S. citizens living abroad pay tax on income and gains, though foreign home gain may be excluded.

  2 min read Dec 07, 2010
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  Avoiding capital gains on foreign property

  How can a U.S. citizen avoid paying capital gains tax on the sale of property in another country?

  2 min read Jun 16, 2009
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  Figuring depreciation recapture

  Depreciation recapture on the sale of real property can be offset by capital losses.

  2 min read Feb 09, 2009
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  Computing rental depreciation

  Your income threshold makes a difference when figuring depreciation on a rental building.

  2 min read Feb 05, 2009
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  Home office can have hidden tax costs

  Claiming a home office deduction has many tax benefits, but it has some drawbacks.

  7 min read Jan 22, 2009
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  Capital gains on a duplex

  Figuring capital gains tax on the sale of a duplex is a game of percentages.

  2 min read Dec 03, 2008