Capital Gains Taxes
Many people think that in order to avoid/defer paying taxes on your home sale proceeds, all you have to do is re-invest the proceeds into another home purchase of equal or greater value within a certain time period. This was a tax rule until 1997 but the tax laws have since changed. Now, taxes are b
Extra! Extra! Read All About It! - Additional Downsizing Books
In addition to this blog, there are a ton of written resources on downsizing out there. I have personally read at least 10 other books on the topic. Some of the books were excellent while others, in my opinion, aren’t worth your time. Today, I’m going to fill you in on 5 of my favorites so you don’t
How to Use the Equity in Your Home to Finance Your Downsizing Move
You’re feeling ready to downsize and your process will include a move. You’ve owned your home for a long time and it’s paid off. You’d like to buy something else and then sell your existing home. What is the best way to go about buying something new when all or most of your funds for the move are ti
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