When farmland is sold it is treated as a capital asset unless it was used in an active farming business. The sale would normally be reported on either Form 8949...
Yes, that is the correct approach. You are accurate that selling personal-use items (whether clothing, furniture, or household goods, etc.) in a transaction tha...
Based on your description, the answer is generally yes — shifting a home equity loan to a reverse mortgage will usually constitute a refinance. This is since yo...
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