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“Families who work hard, build equity, and sell their homes should not be punished with massive tax bills,” Greene said in a ...
President Donald Trump revealed he is “thinking about” a plan that would give the housing market a boost. Speaking with ...
Today, roughly 29 million households have built up more home equity than the federal capital gains tax exclusion protects when they sell.
Millions of American homeowners have become prisoners in their own houses because of a hidden tax trap. They did all the work - saved for a down payment, purchased a home, paid the mortgage - then ...
Borrowing from your home equity could also make sense if your tax debt is in the $25,000 to $50,000 range, according to Seymour. "In these ranges, the IRS will likely file a Notice of Federal ...
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