At your Real Estate Institute talk last week you talked about an idea for avoiding/postponing capital gains tax?
At your Real Estate Institute talk last week you talked about an idea for avoiding/postponing capital gains tax?
All you read here is opinion. You MUST check this out with your accountant. Under current capital gains tax rules, you can defer your taxes on your capital gain if you carry back financing … for up to 5 years. Spreading it out always helps. However, if you do it before June 25 will it apply to the current (April 21) rules or the new rules?
