Tuesday, August 4, 2009

Avoid Capital Gains Taxes Forever

You can potentially avoid paying taxes forever by continuing to exchange your properties.

When you get down to your final property, just don’t sell it, and it won’t get taxed.

Or you can just move into the property and finally sell it as a personal residence to avoid paying taxes on the capital gain.

There are several different strategies and combinations that you can use.

Planning is very important, and it is always good to have a backup plan just in case you need to sell the property and pay on the capital gain and depreciation recapture, or if you get hit with alternative minimum tax, which is likely.

source: http://www.trexglobal.com/property-management/category/real-estate-tax-tips

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