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

JEFFERSON CITY — The Missouri House gave initial approval Tuesday to a plan to erase the state’s capital gains tax, potentially blowing a $334 million hole in the state budget. Under the ...

House lawmakers voted to eliminate the capital gains tax, which could cut $334 million a year in revenue. More than half of that would reflect reduced payments from corporations.

When is capital gains tax payable on the sale of property? And at what rate are capital gains taxed? We answer these ...

From federal income tax to Washington state’s property and capital gains taxes, here’s a guide to procedures and deadlines ...

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

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 ...

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

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