How to calculate capital gains taxes when selling your home

Westend61 | Westend61 | Getty Images As home values climb, more Americans owe capital gains taxes when selling property. But knowing how to calculate your home’s profit could reduce your bill, experts say. Most Americans do not owe taxes for selling a primary residence because of a special tax break — known as the Section […]

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How to reduce capital gains taxes on your home sale

The Good Brigade | Digitalvision | Getty Images More Americans are paying capital gains taxes on home sale profits amid soaring property values — but there are ways to reduce your bill, experts say. In 2023, nearly 8% of U.S. home sales yielded profits exceeding $500,000, compared with about 3% in 2019, according to an […]

Americans can’t stop ‘spaving’ — here’s how to avoid this financial trap

Spending more to save more is an all-too common pitfall. The opportunities for so-called “spaving” are nearly everywhere, whether it’s the lure of a “limited-time deal” or “buy one, get one free” or tacking on additional items to get a bigger discount or simply to reach the free shipping threshold. But spending to save can lead […]

How to profit from Warren Buffett’s methods in investing and life

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email How can investors use the timeless investing strategies and sage teachings of the iconic Warren Buffett to make their own investing decisions? What does the portfolio of Berkshire-owned companies and stocks say about your own portfolio? CNBC Pro goes on a deep […]

How to adjust to high interest rates

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The cost of borrowing will continue to be high as the Federal Reserve has kept its interest rate policy the same. CNBC Senior Personal Finance Correspondent Sharon Epperson shares tips for how to manage debt payments. Source link

How to navigate premium increases for long-term care insurance

Halfpoint Images | Moment | Getty Images Supporting aging parents is an extremely difficult situation that comes with both emotional and financial complications. The cost of long-term care insurance is a prime example. This insurance, essential for covering costs not typically included in standard health insurance or Medicare, such as nursing home stays or in-home […]