Discover the benefits of swapping like-kind properties under IRS 1031 rules to avoid capital gains taxes, and learn about ...
Situation: Your client holds several rental properties for investment purposes but is interested in selling one of them to buy a larger property. He has had the original property for five years. He ...
A “deferred sales trust” (“DST”) is a tax deferral structure, meaning owners can structure a sale to stretch tax payments ...
In the six-year period ending in 2012, taxpayers were reluctant to structure transactions to defer taxes because tax rates were very low (especially on capital gains). Why defer taxes if rates are ...
Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. When it comes to investing, it’s ...
A deferred tax asset is usually an item on a company's balance sheet that was created by the early payment or overpayment of taxes. They are financial assets that can be redeemed in the future to ...
The Senior Citizens Real Estate Tax Deferral Program has been expanded by Illinois Gov. J.B. Pritzker. This program provides some tax relief for senior citizens by allowing them to defer all or part ...
If you’re investing for retirement, where you put your money matters. Retirement accounts offer tax incentives to help you save money on your tax bill and grow your investment accounts. But while ...
A decades-old Oregon program that allows seniors and disabled homeowners to defer property taxes has seen participation drop ...