Question: We just purchased a new home to be used as our primary residence and are currently remodeling it. The debate for us is whether we should sell our old home or convert it into a vacation ...

Taxpayers generally can exclude up to $250,000 ($500,000 on a joint return) of gain on the sale of their principal residence. To qualify, a taxpayer must have used the property as his or her principal ...

WASHINGTON (AP) — Federal Reserve Governor Lisa Cook referred to a condominium she purchased in June 2021 as a “vacation home” in a loan estimate, a characterization that could undermine claims by the ...

Andrew Mountbatten Windsor is officially out of his home at Royal Lodge. The former Prince and Duke of York has occupied the ...

Federal Reserve Board of Governors member Lisa Cook listens during an open meeting of the board at the Federal Reserve in Washington on on June 25. (Mark Schiefelbein | AP) WASHINGTON — Federal ...