If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.
Tag: capital gains
Rolling over Capital Gains into a Qualified Opportunity Fund
One way to soften the blow of a capital gains tax bill is to “roll over” the gain into a qualified opportunity fund (QOF).
Taxable vs. Tax-Advantaged: Where to Hold Investments
When investing for retirement or other long-term goals, people usually prefer tax-advantaged accounts, but it may make more sense to hold other investments in taxable accounts.