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Real Estate Investors Facing Higher Taxes In The New Year

WHAT TAX ADJUSTMENTS IMPACT REAL ESTATE INVESTMENTS------------------
American Taxpayer Relief Act of 2012: A top capital gain tax rate that has seen a permanent 5% increase (from 15% to 20%) for single filers with incomes above $400,000 and married couples with incomes exceeding $450,000.
IRC Section 1411: A Medicare surtax on net investment income (including capital gains) resulting in a flat 3.8% increase.
RESULT: Higher-income taxpayers receive an increase of 58% as compared to 2012.
The fiscal landscape of the United States has changed in more ways than the everyday citizen can keep up with. High earning real estate investors face an increase in capital gain taxes and even for those who fall outside of the category of ‘high earner,’ still face a 3.8% surtax on passive investment income like capital gains.

WHAT CAN BE DONE---------------------------------------------------------------------
One possible tax provision may provide some tax relief.
IRC Section 1031: A tool to determine your personal capital gain taxation. Section 1031 enables property owners holding property for investment purposes to defer taxes that would otherwise be recognized upon the sale of investment property. Below are four ways investors may be taxed during the sale of investment property. (source: http://apiexchange.com/index_main.php?id=8&idz=236)
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