Description
The biggest downside that every property owner has to deal with after a sale is taxes. Sooner or later, the IRS always gets its cut.
But what if you could use the tax code to your advantage and defer those hefty capital gains taxes?
I’m joined by my friend Craig Haskins, COO of Knight Barry Title Group, to give you the inside scoop on how you can pivot your property sale into another purchase and avoid handing that hard-earned money to the tax man.
Disclaimer: We are not financial or legal professionals. Consult a CPA or attorney to answer your financial or legal questions.
Join us as we discuss:
- Benefits of a 1031 exchange tax form
- The safe harbor window for commercial property sales taxes
- Requirements for deferring taxes on residential property
- The future outlook of corporate investors
Check out these resources we mentioned during the podcast:
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