Tag Archives: Income tax

Income Tax Benefits for Home Owners When Selling

According to U.S. income tax law, home owners have a possible capital gains exclusion from income tax on the sale of their “main home” – and can protect the gain on if they have lived at the “main home” for 2 out of the … Continue reading

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California Property Tax & Mello-Roos Assessments – State Income Tax Filings Starting January 1, 2013

California government has money and budget challenges – and is expected to crack down next year – for tax year 2012 – on property tax payers who have been taking the entire amount they pay (including Mello-Roos and special assessments) as … Continue reading

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