News

Maine’s long-term homeowners face growing tax bills on equity gains. Outdated federal limits are quietly reshaping the market ...
The Supreme Court ruled home equity theft unconstitutional, but in these states homeowners still risk losing their property ...
A home equity loan has important tax benefits that users should remember this filing season. Here's what to know.
The process of a municipality keeping excess funds is called home equity theft, because the former owner of the home lost the property as well as the equity they built over the course of owning ...
Is a home equity loan tax deductible? In short: A home equity loan isn't tax-deductible, but the interest the homeowner paid on it may be if they used it for IRS-approved reasons.
The Hidden Home Equity Tax Straining Families For Staying In House Too Long According to Realtor, roughly 1-in-3 homeowners—approximately 29 million households—have built up more home equity ...
One of the benefits of a home equity loan or home equity line of credit (HELOC) is that the cash you receive from it does not count as income or capital gains for tax law purposes. However, the ...
County officials launched tax-forfeiture proceedings, seizing Tyler’s condo and selling it at auction for $40,000. Then the county kept the $25,000 profit rather than returning the excess equity to ...
Can a state pocket your surplus home equity while collecting past-due property tax?
Commentary: On many fronts, Maine Democrats are fighting for equity The pandemic laid bare inequities that for too long have gone unchecked. We're working hard to repair them.