Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire. The federal government, big banks and mortgage servicers started emergency programs when the pandemic hit early last year, shutting down vast swaths of the economy. The bailouts allowed millions of homeowners to miss payments, some for up
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courtneyk | E+ | Getty Images With soaring home values, many sellers expect a sizable profit when listing their property. However, capital gains taxes may put a damper on their windfall.  Home sales profits are considered capital gains, taxed at federal rates of 0%, 15% or 20% in 2021, depending on income. The IRS offers
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Zephyr18 | iStock | Getty Images During the pandemic, rents across the country dropped – but they’re quickly bouncing back. That means many tenants, especially those who nabbed a place at a discounted rate in the last year or two, will be in store for an unpleasant surprise come lease renewal time. “Unfortunately, many renters
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