home owner Archives - Mize CPAs Inc.

Photo Of A Couple Sitting At A Table With A Realtor Giving Them A House

Selling your home for a big profit? Here are the tax rules

Sep 10, 2023
Tax

Many homeowners across the country have seen their home values increase in recent years. According to the National Association of Realtors, the median price of existing homes sold in July of 2023 rose 1.9% over July of 2022 after a…

Photo Of Person Selecting A Plot Of Land From A Map

A tax-smart way to develop and sell appreciated land

Aug 4, 2023
Tax

Let’s say you own highly appreciated land that’s now ripe for development. If you subdivide it, develop the resulting parcels and sell them off for a hefty profit, it could trigger a large tax bill. In this scenario, the tax rules…