The decline and instability of the financial market has led to a white-hot market in real estate. Millions of investors are moving their money from equities to real estate. As the rate of transactions increases sellers are discovering that there are some tax surprises associated with selling real estate. The two primary tax considerations are capital gains and recapture of depreciation. Between the two, Federal and State taxes can be as much as one third of the profit on the sale of a property. Both individual investors and real estate professionals can discover legal methods for deferring or eliminating these taxes by reading this book. Selling Real Estate Without Paying Taxes is a non-technical, plain-English look at the various ways to avoid taxes when selling real estate. It explores both tax deferral and elimination methods, discusses the pros and cons of each, and gives examples of how each method works in everyday practice. This book will be a valuable tool for individuals and professionals so that they can make the most out of each real estate transaction.
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