Pay No Capital Gains Taxes

By
Real Estate Agent with Keller Williams Preferred Commercial (281-798-3005) 568713

As 2018 fastly approaches the fourth quarter many real estate property owners, commercial real estate investors more specifically start looking at their portfolios closer.  There have been many properties bought and sold thus far this year.  Speaking more specifically to those thinking of selling or those who have sold commercial real estate, capital gains taxes is not your friend.  If there is one thing I know for sure is that the IRS has an appetite for money.  Your money.  There are ways to sell commercial real estate and NOT pay capital gain taxes.  There are at least 3 criteria to meet or come close to meeting.  I am NOT referring to a 1031 exchange in this blog post.   

They are as follows:

1.  Have a  significant tax burden.

2.  Be in the 30% tax bracket give or take a few.

3.  Own commercial real estate property individually or as part of an entity.

 

The above are the top criteria, but each case will be looked at individually and can be qualified.  Please contact me for additional information.  Take advantage of the opportunity before December 31, 2018 and get your savings.

 

Sincerely,

 

   

Chalmette Ray| Commercial Associate| Keller Williams Preferred Commercial |D: 281.798.3005

 

 

 

 

 

        

Comments (4)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I’ve heard of a lot of different various theories of capital gains being good and bad and everything in between. Thanks for the info.

Sep 06, 2018 09:36 PM
Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

Thanks for the tips Chalmette Ray. A 1031 tax exchange is as good way to go. 

Sep 06, 2018 10:13 PM
Chalmette Ray
Keller Williams Preferred Commercial (281-798-3005) - Houston, TX
Real Estate Advisor-Multifamily,Retail,Office

Hey Jeff!

This particular option or two options are not 1031 exchanges.

Oct 23, 2018 03:06 PM
Ricardo Mello
Manhattan Miami Real Estate - Manhattan, NY
Manhattan & Miami Real Estate Agent

Great piece Chalmette  

 

We also wrote a recent article talking about CGT: "How Capital Gains Tax Can Be Reduced or Deferred When Selling Property" 

Jan 16, 2019 05:13 PM

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