There may come a time when you want to sell your rental property. After putting in all the time dealing with toilets, tenants, and trash, you're looking to cash in and relax. But there's one problem: Taxes. Despite common wisdom, you may be able to avoid them. While death is inevitable, there actually are two ways to avoid capital gains taxes on the sale of rental property. ... Read More
monetized installment sale
Lower Your Income Tax Bill When You Sell
While many are still recovering from another tax season, you may benefit by looking ahead to do tax planning to lower your income tax bill when you sell a business or property. Whether you are an owner of a privately-held business or investment real estate, you may be looking to sell your ownership interest someday. But unlocking the value and turning it into cash can also result in a large tax ... Read More
