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[ad_1] Despite the cooling market , many homeowners made money selling their property in 2022 — and part of that windfall may be taxable. Home sellers made a $112,000 profit on the typical sale in 2022, a 21% increase from 2021, and a 78% jump from two years ago, according to ATTOM , a nationwide property database.  While most sellers fall under the thresholds for capital gains taxes , high-dollar home sales or long-term ownership can trigger an unexpected bill, experts say. More from Smart Tax Planning: Here's a look at more tax-planning news. Here's how it works: Home sales profits are considered capital gains, with federal tax rates of 0%, 15% or 20%, depending on your 2022 taxable income. (You calculate "taxable income" by subtracting the greater of the standard or itemized deductions from your adjusted gross income.) As a single home seller, you can exclude up to $250,000 of your profit from capital gains taxes and you can shield up to $500,000 as a married

[ad_1] Exchange-traded funds can still compete in today's "stock picker's" market, according to a top investor. "A lot of money is moving into active ETFs, because it provides the benefits that you have from active management [or] from stock picking … but also all the tax benefits and cost benefits that you have in an ETF," Avantis Investors Chief Investment Officer Eduardo Repetto told CNBC's " ETF Edge " last week. He predicts actively managed ETFs will continue to gain traction through the second half of the year. "We used to only have index ETFs," Repetto noted. However, he emphasized this has changed over the past three years as the number of actively managed ETFs has grown. Repetto's firm is behind the Avantis U.S. Equity ETF , an actively managed portfolio of U.S. stocks. Its website shows the fund's top holdings are Apple, Microsoft , Amazon , Meta Platforms and Alphabet . As of Friday, the ETF is up 12% this ye