Selling Real Estate Without Paying Taxes: A Guide to Capital Gains Tax Alternatives

Williamson, Richard T.; Richard T. Williamson, Esq.

ISBN 10: 0793167981 / ISBN 13: 9780793167982

Published by Dearborn Trade Publishing/ A Kaplan Professional Company, Chicago, IL, 2003

About this Item

202 pp. Flawless book.

Seller Inventory # 2ivDh0007

Bibliographic Details

• Title: Selling Real Estate Without Paying Taxes: A Guide to Capital Gains Tax Alternatives
• Publisher: Dearborn Trade Publishing/ A Kaplan Professional Company, Chicago, IL
• Publication Date: 2003
• Language: English
• ISBN 10: 0793167981
• ISBN 13: 9780793167982
• Binding: Trade Paperback
• Illustrator: Lucy Jenkins (Interior Design); Design Solutions (Cover Design)
• Condition: Like New
• Seller catalogs:
  • Real Estate

About this title

Synopsis

The decline and instability of the financial market has led to a white-hot market in real estate.  Millions of investors are moving their money from equities to real estate.  As the rate of transactions increases sellers are discovering that there are some tax surprises associated with selling real estate.  The two primary tax considerations are capital gains and recapture of depreciation.  Between the two, Federal and State taxes can be as much as one third of the profit on the sale of a property.  Both individual investors and real estate professionals can discover legal methods for deferring or eliminating these taxes by reading this book.  Selling Real Estate Without Paying Taxes is a non-technical, plain-English look at the various ways to avoid taxes when selling real estate.  It explores both tax deferral and elimination methods, discusses the pros and cons of each, and gives examples of how each method works in everyday practice.  This book will be a valuable tool for individuals and professionals so that they can make the most out of each real estate transaction.

Synopsis

Through case studies and actual client transactions, "Selling Real Estate without Paying Taxes" discusses basic tax deferral methods for new property investors, as well as introducing some uncommon and complex techniques that the seasoned real estate investor/agent may not have considered. In "Selling Real Estate without Paying Taxes", Richard T. Williamson breaks down the term "capital gain" and provides a look at the advantages and disadvantages of each method. Highlights of the book include how to use the Starker 1031 exchange, using installment sales to create a steady stream of income, and tax-free investing with an Investment Retirement Account (IRA).