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Home > Business & Economics > Finance & Accounting > J.K. Lasser's Real Estate InvestorÂ's Tax Edge: Top Secret Strategies of Millionaires Exposed (J.K. Lasser #91)
J.K. Lasser's Real Estate InvestorÂ's Tax Edge: Top Secret Strategies of Millionaires Exposed (J.K. Lasser #91)
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J.K. Lasser's Real Estate InvestorÂ's Tax Edge: Top Secret Strategies of Millionaires Exposed (J.K. Lasser #91)

Top tax guidance for today's turbulent real estate market

Despite the downturn in the real estate market, savvy investors can continue to capture profits by using money-saving tax strategies.

In The Real Estate Investor's Tax Edge, authors Scott Estill and Stephanie Long provide all of the necessary tax planning techniques to lower your tax bill and fully capitalize upon your real estate investments. In addition to this, you'll learn how to protect your assets and avoid losses in a down market through smart tax planning strategies. Containing the most updated tax law information, and offering tax-planning tips geared toward today's real estate market, this reliable resource is a complete guide to managing your real estate taxes.

  • Outlines effective strategies for legally reducing the impact of taxes on your real estate assets
  • Offers detailed coverage of the newest tax laws and rules affecting real estate
  • Focuses on tax smart techniques for making the most of your real estate investments

In today's volatile real estate market, it's important to make the most of your assets by paying the legal minimum in taxes-no more and no less. The Real Estate Investor's Tax Edge will show you how to achieve this goal, and put you in a better position to profit during even the most difficult of times.

Title of ebook: J.K. Lasser's Real Estate InvestorÂ's Tax Edge: Top Secret Strategies of Millionaires Exposed (J.K. Lasser #91)
ISBN: 9780470558034
parent-ISBN: 9780470443477
Publisher: Wiley
Pages: 272
Published: 11-2009
Released online for download: 11-09-2009
Joint Author: Estill, Scott M.
Joint Author: Long, Stephanie F.

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J.K. Lasser's Real Estate Investors Tax Edge

Top Secret Strategies of Millionaires Exposed

Chapter One

Understanding Capital Gains

For many real estate investors, the capital gains tax is the single greatest tax obligation on their personal tax returns. Individuals invest in real estate to make money, and many rely on the historical capital appreciation as the sole reason they invested in real estate to begin with. Therefore, limiting capital gains is a major priority when it comes to tax planning for real estate investors. This chapter discusses the major issues concerning capital assets and the tax treatment of any sales.

What Is a Capital Asset?

Gains and losses on the sale of assets must be categorized as either capital or ordinary gain or loss. The gain (or loss) on the sale of a capital asset results in special and sometimes favorable tax treatment. Capital assets are generally assetsorpropertyusedforinvestmentpurposesorotherpropertynotspecifically excepted from capital asset treatment. Investment property is pr ... read full excerpt from: J.K. Lasser's Real Estate InvestorÂ's Tax Edge: Top Secret Strategies of Millionaires Exposed (J.K. Lasser #91) ebook



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