Posted in Capital Gains, Estate Planning, Estate Taxes, Family-related, Real Estate Investing, Real Estate Taxes, Retirement, Saving, Tax Loopholes, Tax-Breaks on Sep 2nd, 2007 No Comments »
By Alan L. Olsen, CPA MBA (tax)
Managing Partner
Greenstein Rogoff Olsen & Co. LLP Wealth management is an important issue for those with substantial assets to protect. Many people incorrectly assume that their estates will escape federal estate tax [...]
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By Nancy Duff Campbell
August 20, 2007
As the billionaire titans of Wall Street flee the heat of Manhattan for their luxurious summer homes in the Hamptons, [...]
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Posted in Capital Gains on Sep 2nd, 2007 No Comments »
Understanding Capital Gains
Tuesday August 21, 2007
Stocks and mutual funds can generate profits or losses for investors. Profits can be taxed at lower tax rates than ordinary income, and losses can offset profits or generate a deduction against your income. Here’s some tips for understanding how capital gains work.A capital gain is the difference between what [...]
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Capital Gains Taxes
If you sold your main home and made a profit, you may be able to exclude that profit from your taxable income. Here’s how it works.
$250,000 Exclusion on the Sale of a Main Home
Individuals can exclude up to $250,000 in profit from the sale of a main home (or $500,000 for a married [...]
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