Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. The average cost ...

Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...

Selling an investment typically has tax consequences. To figure out whether you need to report a capital gain -- or can claim a loss -- after you sell, you need to know the cost basis for that ...

Charity begins at home. Stretch that aphorism to mean that charity can include the donation of your building to a qualified 501(c) nonprofit organization. Such donations benefit both the donor and the ...

Rental value depreciation is the reduction in the value of rental property over time, most often due to wear and tear. The IRS has determined that a building's value deteriorates over the course of 27 ...

If you own mutual funds, you probably know that when you dispose of fund shares you incur a taxable gain or loss. The amount of the gain or loss is measured by the difference between your cost basis ...

The tax calculations required for cryptocurrency investments heighten your return’s complexity, and often lead taxpayers to make mistakes during the filing process. For crypto users who use multiple ...

Selling an investment typically has tax consequences. To figure out whether you need to report a capital gain -- or can claim a loss -- after you sell, you need to know the cost basis for that ...