Год выпуска: 2005 Автор: Jack Cummings Издательство: Страниц: 304 ISBN: 0471695785
Описание
Discover the Greatest Investment Tool of All Time! The tax breaks and loopholes built into real estate make it one of the most profitable investments in the world. In fact, the real estate tax exchange loophole?known as the 1031 Exchange?is one of the greatest tax loopholes in existence. This loophole allows a real estate investor to sell a property without paying a penny in capital gains tax?as long as the investor reinvests his or her profits into another property. Not only is this a great way to invest without paying taxes, it's also a great way to grow real wealth over time. The rules can be confusing, but tax exchange works for every investor, big or small. This handy guide offers detailed, step-by-step advice on using the 1031 Exchange?and much more: How the capital gains tax works Other little-known real estate loopholes Creative real estate financing techniques Advanced elements of tax-free...