The decline of the financial markets has led to a white-hot real estate market as investors move their money away from the stock market. As the transaction rate increases, sellers are discovering that... This description may be from another edition of this product.
I have read a number of books about real estate tax planning, and this is by far the best. It is clear, to the point, and very readable. The author goes through the basics of how a capital gains basis is calculated, rules about stepping up basis, primary residence exclusion rules, etc. He then discusses various ways of deferring or eliminating capital gain consequences via 1031, installment sales, private annuity trusts, charitable remainder trusts and Roth IRAs. The chapter on private annuity trusts is one of the least known, yet most valuable strategies that exists. Buy this book!
Great Book!!
Published by Thriftbooks.com User , 21 years ago
This book is very well written; logically organized and concise. The information is priceless! For the cost of this book you could be saving 30% of your capital gains money! That's what I call positive ROI. This book is a must have!
It's Usable and easy to understand.
Published by Thriftbooks.com User , 21 years ago
I was extremely happy to find a "How To "book that got right to the point. It is obvious that the author has "Been There, Done That".The technical explanations were clear and thorough.There are alot of new (to me) and interesting approaches on how to structure transactions. Annuities,IRA's etc.Easy read,a lot of useable content.
A must read for property investors!
Published by Thriftbooks.com User , 21 years ago
This book is just what the doctor ordered. I am not an accountant or big time property investor but I needed to find out how to deal with the taxes I faced on the sale of a small apartment building. This book covered the stuff my realtor talked to me about and went far beyond. I quickly found out that what I was planning on doing wasn't going to work out the way I (or my realtor) thought. However, this book gave me other ideas and choices I hadn't considered; some of which would work pretty well for my situation. I don't necessarily enjoy reading business or tax books, but this one was surprisingly easy to read and understand. I was able to get through the book in a few days and didn't get bored or mind boggled. Now I've got both my realtor and accountant reading it. This one is worth the time invested. Hat's off to the author.
Excellent Book!
Published by Thriftbooks.com User , 21 years ago
This book is a "must read" for anybody who is considering buying or selling real estate in their lifetime. Many of the strategies listed in this book are very cutting edge. There are so many detailed tax advantages that are expressed in an easy to read format. This book is an excellent resource and I highly recommend it.
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