When you sell your interest in investment property, you may incur federal capital gains taxes and, in some states, state taxes as well. Your attorney, tax advisor, or real estate professional may suggest a ...
Most Recent Articles For: capital
Written by admin on May 21st, 2011
Written by admin on May 21st, 2011
The Obama Administration has proposed a 2011 federal budget intended to steer the economy toward recovery and create new sources of revenue to reduce our country's deficit. If enacted, the tax proposals in the ...
Written by admin on May 21st, 2011
UNCOMMON COMMON SENSE For People Who Think THE TRUTH WILLS OUT Amid all the Red Herrings splashed across the entire Media, the one really big and significant event, which was completely ignored ...
Written by admin on May 21st, 2011
Understanding the tax implications of replacing or selling existing life insurance coverage will help shed some light on the options available to financial advisors and policy holders looking to capitalize on the hidden value ...
Written by admin on May 21st, 2011
A 1031 exchange refers to Section 1.1031 of the Internal Revenue Code which was passed in 1990. Normally, when you sell all real and personal property, the tax code requires the payment of the ...
