We're Selling Our House and Netting $550k to Downsize for Retirement. How Can We Avoid Capital Gains Taxes?

Selling your home to downsize can make your retirement more financially stable, but if you have a profit on the sale you might owe capital gains taxes. Fortunately, in many cases those selling their primary residence who are single can exclude $250,000 from capital gains taxes, while married couples filing jointly can exclude $500,000. Employing […] The post We’re Selling Our House and Netting $550k to Downsize for Retirement. How Can We Avoid Capital Gains Taxes? appeared first on SmartReads by

Dave Ramsey Tells Mark Cuban, '75% Of Wealthy People — Not Your Broke Brother-In-Law' Say This Is How You Get Rich

You can only imagine the knowledge that's shared when billionaire Mark Cuban and financial guru Dave Ramsey get together. When the two sat down on "The Ramsey Show" in November 2022, the conversation quickly turned to credit card debt. "If you use your credit cards, you do not want to be rich," Cuban said. "That's my favorite line; I tell it to people all the time." Both Cuban and Ramsey went on to explain the perils of credit card debt, with Cuban making it clear that the best place to invest i

Harvard law professor on Elon Musk: ‘Over the past 100 years, Delaware has periodically irritated one or two executives by enforcing the law’

Other legal experts aren’t swayed by the Tesla chief’s call to action, either.

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  SpaceX moves its legal home to Texas from Delaware

  Engadget
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  Tesla Stock Is Up Again. What’s the Latest News.

  Barrons.com