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Property Taxes

Paying Taxes When You Sell a House

Technically, yes. However, the profit on home sale can be tax free if certain conditions are met. In fact, many home sellers will not even…


How to Know If You Owe Taxes: The Complete Guide

How will you know if you owe taxes? Well, the IRS makes it no secret, truth be told. In fact, they’re supposed to inform you…


Section 1231 Property, How It Works, And Reporting Them On Your Taxes

What is a Section 1231 Property? Section 1231 of the tax code provides guidance on the treatment of gains and losses derived from the sale…


How to Handle a Federal Tax Lien

A tax lien is a claim against property that the government uses to protect its interests in tax debt. The IRS will place a lien…


Top 10 Tax Tips If You Sold Your Home in 2023

Have you heard of this? You might not have to pay taxes on the gain if you sell your home and make a profit. Yes,…


Property tax basics

Property taxes are the primary source of revenue for local governments in the United States. The money collected from property taxes provides funds for local…


Mortgage debt forgiveness relief FAQs

Due to the subprime mortgage crisis and the economic recession, millions of homeowners have found themselves struggling to make mortgage payments on properties that have…


Location matters when choosing a retirement home

When you retire, you may find that there are many options when it comes to choosing where to live out your golden years. Key factors…