How to DESTROY Capital Gains Tax When you Sell

[@thebagnechannel3183]

I do tax consulting for real estate investors and am truly impressed how you explain these complex topics.

[@TheRealEstateCPA]

Thank you!

[@barbarakieras7419]

Can this work for a home?

[@TheRealEstateCPA]

@@barbarakieras7419@barbarakieras7419 Some strategies discussed in this video can be applied to personal residences, primarily installment sales (seller financing).
However, when a residence is sold, if you meet certain requirements, the primary one is living in the property for 2/5 of the last recent years, you can exclude up to $250k of capital gains from tax if single and up to $500k if married.

[@BenJimenez-n3p]

@@TheRealEstateCPAhello If I use the Lazy 1031, when I sell my investment property in CA, do I still need to withhold CA FTB taxes of approx 3.33% at closing of escrow, even though I am scheduled to use 90% of that property proceeds into a new built investment property

[@coolco1619]

Are you talking about CGT for the US or UK? Unless it works for both countries?

[@christie4336]

Once you are in the OZ, the tax treatment seems to be really close to having money invested in a Roth IRA. Is that correct ? What happens at the death of the owner before the 10 year hold period? And after the 10 year hold period ?

[@jessicajones119]

I own two rental properties. Can I sell one and use the profit to pay off the other in order to avoid capital gains?

[@joekeegan-yc4nm]

Absolutely pathetic after a month no answer from such a straight forward question.
😡