Capital Gains, Pay the IRS or Pay Yourself: There is a Better Way Out!
Do capital gains keep you from selling your highly appreciated property?
If capital gains tax prevents you from selling your property, you may want to consider the Deferred Sales Trust?. This tax code compliant program provides you with an income for life from the asset proceeds. With additional planning, you can even transfer the balance of the trust to your heirs- income tax, probate and estate tax free!
The Choice is Yours!
HECM Purchase Specialist & Home Equity Advisor at Fairway Independent Mortgage Corporation
8 年The old adage rings true "you don't know what you don't know". Most people don't know that there is another option to paying capital gains or to a 1031 exchange. Get educated on the additional options you may have.