Posts Tagged ‘Estate planning’
How to Reduce or Eliminate Capital Gains Tax on the Sale of Real Estate
At a glance Schedule a consultation The full story: A long-term capital gain occurs when a qualifying property is held at least for one year plus a day. There is a special preferred capital gains rate to encourage long-term real estate investment. Individuals will generally incur a 20% capital gains tax rate, although lower rates…
Read MoreEnding of the Tax Cuts & Jobs Act: Key Opportunities Before Exemptions Expire
At a glance Schedule a consultation The full story: The Tax Cuts & Jobs Act (TCJA) is sunsetting, with key estate and gift tax provisions set to expire on January 1, 2026. Here at Aprio, we have tracked the pending sunset, and here’s a brief recap: the current tax exemption (which is approximately $13 million…
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