DEAR BOB: When title to a home is held in a living trust, is it important for the mortgage to also be in the name of the living trust? --James C.

DEAR JAMES: No.  more...

(This is Part 2 of a five-part series. See Part 1, Part 3, Part 4 and Part 5.)

The starting point for avoiding long-term capital gains tax on the profitable sale of your personal residence and investment real estate is its adjusted cost basis.  more...