How to Avoid Paying High Capital Gains Tax on Rental Property Sales?
Selling a rental property can trigger hefty capital gains taxes. Here's how to cut your tax bill with smart timing, exemptions and reinvestment strategies....
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Personal Finance : Tax Information
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Is Real Estate Sale Profit Taxable? Here's What You Need to Know
Are you selling your house at a profit? Learn when you may owe taxes, how to qualify for exclusions, and smart ways to reduce your capital gains tax bill....
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Selling Your Rental Property? Know the Capital Gains Tax Rules
Selling a rental property triggers capital gains tax, with short-term gains taxed as income and long-term gains taxed at lower rates. Knowing tax rules helps minimize liabilities. ...
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Do Beneficiaries Have to Pay Taxes When Inheriting Through Probate?
You may not owe federal income tax if you receive an inheritance through probate. Yet, some taxes may apply depending on the state and type of asset inherited....
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Can You Deduct Home Equity Loan Interest on Your Taxes?
Interest on a home equity loan is deductible only if the loan proceeds are used for home improvements, and only when the taxpayer itemizes deductions rather than claiming the standard deduction....
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Do You Depreciate or Deplete Oil Royalties for Taxes?
Maximize your oil royalty income by mastering the IRS depletion allowance rules....
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Do You Have to Pay Taxes on Interest From Personal or Family Loans?
Lending money to friends or family? Learn when interest on personal loans is taxable and how to avoid the IRS treating it as a gift....
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Form 1040A Explained: Who Qualified and How It Functioned
IRS Form 1040A was once a go-to tax return for simple finances. Here's what it included, how it was used, and why it no longer exists....
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Renting vs. Selling a House: Which Saves More on Taxes in 2025?
Thinking of selling or renting out your house in 2025? The tax impact could be bigger than you expect. Here's how both options compare....
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What Is a Taxable Entity, and How Does It Affect Your Business?
Knowing whether your business is a taxable entity shapes how profits, losses and liabilities are treated by the IRS. Here's what every entrepreneur should know....
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Can You E-File if You Are Married But Filing Separately in Texas?
In Texas, you can e-file as MFS, but community property rules and lost credits may impact your return....
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