How to give and receive a gift of equity: Rules and process
A gift of equity can be a huge help when buying a home. But buyers and sellers have to follow the rules, and there may be tax implications. Learn more here.
A gift of equity can be a huge help when buying a home. But buyers and sellers have to follow the rules, and there may be tax implications. Learn more here.
Heirs and hedge fund managers might take a hit, but tens of millions of families and lower-paid young singles will come out ahead with fatter tax credits.
Biden’s proposed $15,000 home buyer tax credit is now in Congress, along with a $25,000 home buyer grant. Learn about what both programs would entail.
Today’s mortgage and refinance rates Average mortgage rates edged higher again yesterday. Over the last eight working days, four have seen rises. But the falls have been a little bigger.
There’s money for free pre-k and free community college and an extension of the bulked-up child tax credit, paid for with higher taxes and more tax enforcement for the rich.
Today’s mortgage and refinance rates Average mortgage rates inched higher yesterday. It was only the third rise in April. But also the third over the last seven working days. Still,
Buying a house can take anywhere from a couple months to half a year or longer. It depends on local markets and how prepared you are. Here’s what to expect.
The tax gap has risen to $1 trillion per year, the IRS commissioner told Congress this month.
National Economic Council director Brian Deese said 150 million American households won’t see any investment tax changes at all.
The agency is answering just one in 50 calls for help on its individual tax return phone lines.
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