Taxes

Taxes and Home Ownership

Format(s) Title and Description
      How do I figure the tax on the sale of my home?
It depends on several factors, including whether the home is your principal residence or takes some other form.
      I rent my home out for two weeks each year. Do I have to show this rental income on my federal income tax return?
If you rent your principal residence to others for fewer than 15 days per year, any rental income you derive is not considered taxable income.

Financial Planning


 
 
 
 
 
 
 
 
 
 
 
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