Maine’s long-term homeowners face growing tax bills on equity gains. Outdated federal limits are quietly reshaping the market ...

In Maine and 12 other states, local governments have the ability to steal the equity you’ve built in your home or property over unpaid taxes. Imagine owing $8,000 in unpaid property taxes to a ...

The Supreme Court ruled home equity theft unconstitutional, but in these states homeowners still risk losing their property ...

Those small tax debts add up to significant losses for property owners. A 2022 PLF study estimated that, between 2014 and 2021, U.S. homeowners lost at least 8,600 homes and more than $780 million to ...

Interest paid on a home equity loan may be tax-deductible if used for IRS-approved reasons. Getty Images/iStockphoto The deadline for filing your 2022 taxes is just weeks away (April 18, to be exact).

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 ...

Property taxes and home equity are in the news because the U.S. Supreme Court heard arguments in a case involving the sale of a 94-year-old Minnesota woman’s home for overdue property taxes. The ...

Tax time is hard, but there’s some good news: If you used a home equity loan for home renovations or improvements, you’re in for a deduction. Alix is a former CNET Money staff writer. She also ...