#tax basis
5 stories

House Title Determines Tax Reset
Spouse's home title resets tax gains entirely or half depending on ownership.
24/7 Wall St. · 1m

Christmas Trees and Social Security Rules
A 63-year-old tree grower’s extra season can shift Social Security earnings counts.
24/7 Wall St. · 1m

Gift of equity: transfer home value tax-smart
A gift of equity lets family members transfer home value below market price, covering down payments without cash changing hands.
Fortune · 4m

How the IRS values and audits inherited homes
Real estate makes up a third of what parents leave behind, but most heirs don't know the tax rules.
Kiplinger · 3m

Four tax questions answered by an expert
A tax editor breaks down qualified dividends, rental property sales, investment income taxes, and mutual fund taxation.
Kiplinger · 2m