Tag: General Finance

Posted on 08/15/2021
How Real Estate Investments Makes Money
Photo by Steve Buissinne via Pixabay While real estate has ups and downs, it has generally been a good long-term investment. Owning a home is one way of investing, but to really take advantage, you can buy property that you won’t necessarily occupy but will make you some money. How Real Estate Makes Money There are two basic...
General Finance
Investing
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Posted on 05/10/2020
What Is Step-Up Basis?
Image by Steve Buissinne from Pixabay Suppose you’ve inherited your parents’ longtime home. Suppose they paid $100,000 for it, and it’s now worth $300,000. Had they sold it while it was in their possession, they would have avoided paying capital gains tax due to the Taxpayer Relief Act of 1997. Now that it’s yours, has that tax avoidance...
Real Estate Taxes
Personal Finance
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