Tax Tip #20 My Tax Man Gave to Me…

#20 Consider a “tax-deferred” Like-Kind Exchange

When selling a business or investment property for a gain, buy a new property for the same amount or more than the old property you are selling.  You will eventually pay your income taxes on gains when you sell your last property and no longer have qualified properties to exchange into.

‘Tis the Season to start Tax Planning
Call us today to get started. (305) 477-5671

Publicado em Tax Planning