Tax tips for home sellers (Money Mechanix)

Article Abstract:

If a home's selling price exceeds its cost, a capital gains tax must be paid, however rules concerning home sales may lessen the tax burden. Various tax rules are discussed, including capital improvements, deferred payments, age exclusions and rules concerning divorce.

Taxation, Laws, regulations and rules, House selling, Home selling, Capital gains tax, United States. Internal Revenue Service

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Appraising appraisals

Article Abstract:

A house appraisal is based on collected evidence and a set of rules, but it should be remembered that an appraisal is ultimately just an opinion and can be contested. Tips on hiring an appraiser and on analyzing the resulting appraisal are discussed.

Evaluation, Housing, Dwellings, Valuation, Appraisers

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