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18 Jan How will N.J. tax our home sales after we move to Florida?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

Whether you're a resident or not, N.J. wants its piece of your profits....

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14 Dec How am I taxed if I sell a primary home for the second time?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

Your home sale may be free of taxes if you meet certain criteria....

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12 Dec Do my children owe tax if I gift houses to them?

Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate

It's important to understand how the gift tax works....

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25 Nov Can Medicaid recover money from this home sale?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

Under certain circumstances. Medicaid must recover funds from beneficiaries....

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24 Nov We’re selling our home and leaving N.J. What about taxes?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

If you leave the state, New Jersey will treat you like a nonresident. ...

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13 Oct If we sell our home for $1.2M, what taxes will we owe?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

Several factors come into play to determine your capital gain....

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09 Sep Dad and I own a home together. How are we taxed when we sell?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

Can be complicated to calculate your split of the sale. ...

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08 Aug I’m selling my vacation home. What should I do with the $200K profit?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Retirement

It all depends on your goals and time horizon. ...

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05 Aug Can a veteran’s widow save on taxes when selling a rental home?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

There are some benefits for active duty members that are unavailable for veterans....

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14 Jul How much will I have to pay in tax when I sell my home?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

It depends on several factors, including how long you've lived there....

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