Posts with tag taxes

In today's episode of "Money and Happiness," DailyFinance's Laura Rowley turns to taxes. A reader asks: If I sell property at a loss, can I deduct it on my taxes? Watch the video for the answer. Got a question for Laura? Check out more Money and Happiness videos on DailyFinance. Continue Reading »

Sellers once again might want to consider "owner financing" as a method to get that house sold -- and reap some tax breaks, too. Owner financing (also known as "seller financing," "taking back the note," or "an installment sale") is estimated to be used in 10 percent to 15 percent of today's home sales. The term describes... Continue Reading »

If you live in the state of Florida, you pay taxes on your home according to a dual-class tax system. There's one type of tax system for those who live in Florida as their primary residence and another for those who live there part-time or own vacation property. And it's a good thing, too: Considering the rocky Florida... Continue Reading »

Phew. Tax Day madness is behind us, and now that you've appeased the IRS let's direct your attention to how you're going to spend your whale of a refund. Sure, you can be a responsible adult and pay off your credit card debt or your next month's rent in advance, but that is so stereotypical! (And heartbreaking too.) You... Continue Reading »

You've filed your taxes, now shred the evidence--for FREE! Yes, you should keep tax-related documents locked away for a few years in case the IRS comes calling with questions, but for those keeping multiple drafts of their tax forms and any other sensitive paper documents, the Better Business Bureau is here to help. This... Continue Reading »