After inheriting land in 2003 and partitioning it in 2010, the sisters must determine the indexed cost for capital gains tax.

Tax credits for homeowners don't require you to itemize. They directly reduce the amount of taxes you owe, and you can ...

If you’re looking to put the proceeds of an investment property into super, you can, but you’ll need to act fast.

The federal government has made a last-minute change to its capital gains inclusion rate increase. However, other tax changes ...

These powerful strategies, from timing your sales during low-income years to leveraging qualified opportunity zones, can ...

Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase.

The White House said the president wants to end a carried interest tax break prized by Wall Street hedge funds and private ...

A home seller may not owe any capital gains taxes on sale of a principal residence if the transaction qualifies for the ...

A home seller may not owe any capital gains taxes on sale of a principal residence ... as well as the your history of owning and occupying the property. If you're preparing to conduct a major ...

In this case, no capital gains taxes will be owed on the transaction, although the tax will eventually be collected when the new property is sold in a conventional transaction. A financial advisor ...