There are many things to consider before you “sell” a personal residence or investment property. And, strangely enough, there are things to consider before you “continue to hold” your property.
For example: There can be negative capital gains tax consequences when the profit in your personal residence exceeds $250,000 per spouse. It is possible to defer capital gains taxes on investment properties by doing an exchange for “like kind” property. And, portability of low property taxes to another home is one of the hottest topics for homeowners who are considering a move.
Markets and laws are continuously changing, so I regularly author & publish money saving SPECIAL REPORTS on my website.
The articles are designed to answer your questions related to Capital Gains Taxes, Property Tax Assessment Portability, Methods to Defer or Reduce Taxes, and more. This page is a Directory to these Special Reports.
To read any of the below Special Reports… just click on the title of interest below:
2023 Year End Market Recap for Huntington Beach
What is the Best Indicator of Market Conditions for the Huntington Beach Housing Market
California CAPITAL GAINS TAX Rules real estate investors and homeowners should know before selling.
What is IRS SECTION 121 and How is it applicable to the sale of your home?
Q&A on State of California PROPOSITION 19
How PROPOSITION 19 affects property taxes on inherited property.
Step-Up in Basis ~ What It Is & How Does It Apply to Real Estate?
What can Homeowners Facing A Big Capital Gain Tax Liability do to “Sensibly Make a Move”?
Residential Installment Sales ~ Who should consider this type of a home sale?
Exchanging Property With a Related Party.
What are the typical Seller Closing Costs?