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Take full advantage of the tax code and avoid taxes, saving as much as one-third of the profit on the sale of a property.
Real estate investment is the best tax-advantaged road to wealth available today. Through depreciation, real estate investments have the potential to provide tax-free income for years, even shielding other income from taxation. And when the time comes to sell off the investments, capital gains taxes can even be legally deferred or eliminated-that is, if investors know the secrets.
Richard T. Williamson, Esq., a renowned real estate attorney, has compiled these tips and more into a nontechnical, straightforward look at how individuals can use the tax code to their advantage. From the simple to the sophisticated, the author explores various tax deferral and elimination methods, discusses the pros and cons, and gives examples of how they work in everyday practice.
Geared toward real estate investors, apartment building owners, developers, realtors, financial planners, and accountants, Tax Secrets of Millionaire Real Estate Investors explains how readers can:
* Build wealth tax-free.
* Shelter real estate income from taxes.
* Buy and sell real estate without being taxed.
* Minimize taxes on final divestment.
* Create tax-advantaged streams of income at retirement.
Tax Secrets of Millionaire Real Estate Investors describes commonplace tax-deferral devices like installment sales and 1031 exchanges, as well as the lesser-known private annuity trusts and charitable remainder tax-advantaged trusts. Williamson also includes case histories, sample forms, relevant IRS codes, and sample IRS forms and publications.
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Add Tax Secrets of Millionaire Real Estate Investors, Take full advantage of the tax code and avoid taxes, saving as much as one-third of the profit on the sale of a property. Real estate investment is the best tax-advantaged road to wealth available today. Through depreciation, real estate inves, Tax Secrets of Millionaire Real Estate Investors to the inventory that you are selling on WonderClubX
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Add Tax Secrets of Millionaire Real Estate Investors, Take full advantage of the tax code and avoid taxes, saving as much as one-third of the profit on the sale of a property. Real estate investment is the best tax-advantaged road to wealth available today. Through depreciation, real estate inves, Tax Secrets of Millionaire Real Estate Investors to your collection on WonderClub |