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#1
11-05-2003, 08:29 PM
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 Re: Minimizing Taxes on Capital Gains "Larry Bohen" <lbohen[at]audiobooksonline.com> wrote: - quote - > I will be selling an investment condo soon and would
Get the book, Selling Real Estate Without Paying Taxes, A> appreciate advice on minimizing income taxes due to the > capital gains. I've owned the property since 1985. guide to capital gains tax alternatives, by Richard T. Williamson, ISBN 0-7931-6798-1, Dearborn Trade Publishing, 2003. It pretty well nails the topic. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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11-05-2003, 08:10 PM
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| Re: Minimizing Taxes on Capital Gains - quote - > I will be selling an investment condo soon and would
I am not clear on the word investment.> appreciate advice on minimizing income taxes due to the > capital gains. I've owned the property since 1985. Did you have a condo which you rented to others and now wish to sell? If so, you might be able to exchange it, rather than selling it, for "like-kind" property, perhaps a similar rental condo, and defer the gain. To do this you need to work through a qualified intermediary who is experienced is handling like kind exchanges. __ Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
11-02-2003, 11:43 PM
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| Minimizing Taxes on Capital Gains I will be selling an investment condo soon and would appreciate advice on minimizing income taxes due to the capital gains. I've owned the property since 1985. Larry Bohen www.audiobooksonline.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| capital, gains, minimizing, taxes |
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