10 Jun When do I have to start taking money from this inherited IRA?
The rules for inherited IRA distributions have changed in the past few years. ...
Taxes
07 Jun I’m a senior. Will I owe taxes when I sell my condo?
You may be eligible for a capital gains exclusion on a property sale. ...
02 Jun We get free rent to manage an apartment building. Is it taxable?
Your free rent may not be taxable depending on the specifics. ...
01 Jun Will an IRA withdrawal stop the Senior Freeze?
There are income limits to qualify for this senior tax break....
31 May What happens to the Homestead Rebate after a move?
This tax benefit for seniors needs special attention if you sell your home. ...
30 May If I sell my co-op after only 6 months, what taxes are owed?
Not every seller qualifies for the capital gain exclusion....
27 May I’m active duty military. Do I have to pay the exit tax?
The exit tax is an estimated tax on the profit when you sell your home. ...
25 May We have extra 529 plan money. How is it taxed if I take it out?
You may face tax and penalties on some of the funds....