Kochi-based Ramesh Nair inherited a 1-acre ... “For immovable property (land/building) in India, if the holding period exceeds 24 months (i.e., more than 2 years), the gain is treated as long-term ...
Inheriting a home can be both a gift and a challenge. Alongside the emotional weight of loss, you might also face tough financial decisions, especially if you plan to sell the property. One of the ...
My father purchased a plot in 2016 for Rs 50,65,000. I inherited the property as his sole heir and constructed a house. I am ...
Receiving property when someone dies can come with unexpected financial burdens, particularly taxes like estate and inheritance, and capital gains tax, which applies to the profits made from selling ...
Aug 6 (Reuters) - The Indian government has relaxed new property tax rules it proposed just two weeks ago, after criticism that the changes added to an already heavy financial burden on the middle ...
Learn more about the key steps, tax implications and family considerations so you can be prepared when it’s time to sell your home Written By Written by Staff Money Writer, WSJ | Buy Side Molly Grace ...
Gifting appreciated assets during your lifetime can saddle your beneficiaries with massive capital gains taxes they could otherwise avoid. Assets passed down after death often qualify for a step-up in ...
Although a thoughtful and generous gift from a loved one, inheriting property can stir up many emotions, blending fond memories with the uncertainty of managing an unexpected asset. Deciding whether ...
'I have a mortgage with $60,000 left on my own home' "Would it still make sense to start a retirement account, or should I just do the regular brokerage account, buy into the S&P 500, and keep things ...