How to Avoid a Tax Bomb When Selling Your Home

KEY POINTS Single filers may exclude up to $250,000 of capital gains on home sales profits, while married couples may subtract up to $500,000. However, median home sales prices have more than doubled over the past two decades, pushing some long-term homeowners over the thresholds. Sellers may lessen the tax bite by reducing profits with…

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How I Bought a House and Joined the Foreclosure Generation

house under water

When the economy imploded in 2007, millions of young homeowners saw their property values disintegrate. The American Dream was never the same. After looking at several houses along Alabama’s Gulf Coast, my new wife and I decided the sunny cottage on Audubon Drive in Foley was the one—so long as the seller came down a…

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We bought a $1 house in Italy. Here’s what happened next

italian living

(CNN) — It seemed like a deal too good to be true. A new house — and potentially a whole new life — for sale in sunkissed rural Italy for the princely sum of just one euro, or little over a dollar. Over the past year or so, numerous small towns from Sicily in the south…

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