6-Year Rule Capital Gains Tax: US Real Estate Strategies
The term “6-year rule capital gains tax” doesn’t exist in the US tax system. However,...
Reinvesting Capital Gains to Avoid Tax: A Guide
Legally minimizing your capital gains tax burden involves strategic reinvestment. A powerful tool is the...
Sec 897 Capital Gain Reporting: A Guide
Sec 897 capital gain refers to the capital gains tax levied on non-resident aliens and...
Cost Basis vs Proceeds: Mastering Your Tax Liability
Understanding cost basis vs. proceeds is crucial for accurate tax reporting, especially with frequent trading....
Lockout Period: Efficient 1031 Exchange Guide
A 1031 exchange’s “lockout period” isn’t a simple waiting game; it’s a crucial timeframe demanding...
What Are Section 897 Dividends? A Guide
What are Section 897 dividends? They are dividend distributions from a U.S. entity (like a...
Life Tenant Not Paying Taxes: A Guide
When a life tenant doesn’t pay property taxes, serious consequences arise. The life estate deed...
How to Get a New Deed for a House: A Guide
Securing a new deed for your house involves navigating state-specific legal procedures, often triggered by...
Do You Pay Social Security Tax on Capital Gains?
No, capital gains are not subject to Social Security taxes. However, high capital gains increase...
Reinvest Capital Gains to Avoid Taxes: Smart Strategies
Reinvesting capital gains to avoid taxes isn’t about eliminating taxes entirely, but strategically minimizing them....