Well, if you haven’t heard there will be a change in capital gains taxes next year.
Downloadable article link below:
>>>>>Capital Gains Tax Rates on the Rise!<<<<<<
Attached is an article by Marv Kau of B&H going over a couple of examples of what will happen if you sell a property after this year. While this is part of the Bush-era tax rollbacks that are now being rolled back, you can still defer taxes with a 1031 exchange.
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