09 Dec If I rent after I sell my home, do I have to pay taxes on the profit? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes Taxes owed on a home sale are determined by several specific rules. ... Read More
08 Dec When will I get a refund of the exit tax from my home sale? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes Tax authorities had slowdowns because of the coronavirus pandemic. ... Read More
04 Dec What happens to tax credits now that our home is in a trust? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Real Estate, Taxes There may be unintended consequences by putting a house in a trust. ... Read More
02 Dec When I sell my N.J. rental home, can I buy in Florida and defer taxes? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes If you try a 1031 exchange, make sure to work with experienced professionals. ... Read More
02 Dec Can I count improvements twice for cost basis when I sell my home? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes You can't double-dip when it comes to home improvements and capital gains taxes. ... Read More
01 Dec Will this inherited house be subject to the inheritance tax? Posted at 06:02h in Ask NJMoneyHelp, Estate Planning, Real Estate The inheritance tax is based on the relationship of the heir to the deceased. ... Read More
30 Nov Our primary home became a rental. What taxes will we owe when we sell? Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes Taxes owed on a home sale will depend on the history of your ownership.... Read More
26 Nov Can I reduce capital gains tax on a depreciated rental property? Posted at 06:02h in Ask NJMoneyHelp, Real Estate There is a way to delay paying taxes on a rental home sale. ... Read More