
Capital Gains on the Sale of Your Home
If you receive a 1099-S you must report the sale of your home, even if your gain is excludable. You need to report the amount realized, sales price less the cost to sell your home, and the cost basis.
Subscribe if you would like to receive future articles and newsletters via email.
For additional articles, see our complete article list
If you receive a 1099-S you must report the sale of your home, even if your gain is excludable. You need to report the amount realized, sales price less the cost to sell your home, and the cost basis.
When you buy gold, you are betting on the value that someone will pay for it in the future.
A key factor impacting your ability to achieve financial security is living below your means. To live below your means, you need to understand your financial situation and live within a budget that includes an allocation for saving and investing.
Women often place too much focus on taking care of others rather than themselves. Take care of yourself, focus on the future, and prioritize saving for your retirement.
I bonds have a maturity of 30 years, but you are not required to hold them until maturity. You must hold them for at least 12 months and if you sell them after twelve months but before five years you will forfeit the last three months of interest.
A stock market correction is a drop of 10% to 20% in a major market index such as the S&P 500. A serious market crash is a drop of 20% or more. A prolonged market crash is considered a bear market.