September has been a record month for luxury real estate, according to the firm Gustave White, Newport County’s Sotheby's ...

CPA Austin Bowlin highlights three lesser-known tax concepts for real-estate investors. Depreciation recapture tax can result in owing more when you sell a property. There's also what's known as a ...

Real estate transfer taxes are a one-time fee imposed by state or local governments on the transfer of property ownership. The cost of transfer taxes varies by location and is based on the sale price ...

The terms “real estate tax” and “property tax” are often used interchangeably, but they’re not exactly the same thing. Real estate taxes are levied on real property — meaning land and any affixed ...

Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was depreciated beyond the straight-line method, the extra depreciation is taxed at ...

Selling a business or piece of real estate can trigger one of the largest tax bills of a person’s life. Whether that bill is for tens of thousands or for millions, sellers should consider ...

Key steps, taxes and family considerations of inherited property.

HENRY COUNTY, Va. (WDBJ) - Henry County is considering changing the due dates for personal property and real estate taxes to help ease a burden off taxpayers. Real estate taxes in Henry County are ...