• FIFO Method for Selling Mutual Funds

      FIFO Method for Selling Mutual Funds

      When you sell mutual fund shares, you must claim the gain or loss you realized on those shares. The capital gain or loss is the difference between the selling price and your cost ...

    • How Is Rental Income Taxed in a Duplex?

      How Is Rental Income Taxed in a Duplex?

      Rental income from a duplex is taxed as regular income. You pay according to your ordinary state and federal income tax rate. The Internal Revenue Service, however, doesn't tax ...

    • How to Buy Land to Build a House

      How to Buy Land to Build a House

      The land under your new home is as important as the architectural plans to build the house. Homeowners look for water views, parcels of an acre or more, views of mountains or ...

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