axel
March 11, 2025
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…
axel
March 11, 2025 March 11, 2025
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…
Jacob Dayan
May 25, 2023 March 7, 2025
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…
US Tax Center Staff
July 2, 2015 February 10, 2025
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…
Jacob Dayan
February 19, 2015 November 13, 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,…
US Tax Center Staff
October 8, 2013 February 10, 2025
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…
US Tax Center Staff
February 8, 2013 February 11, 2025
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…
US Tax Center Staff
February 1, 2013 February 11, 2025
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…