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Updated about 7 years ago, 11/07/2017

User Stats

24
Posts
3
Votes
Hiral Lai
  • Clifton, NJ
3
Votes |
24
Posts

How to minimize taxes you pay and best way to fund a deal

Hiral Lai
  • Clifton, NJ
Posted

Hi All, 

I am trying to figure out the best way to fund a potential deal. My company awarded me some stock a while ago which recently vested. I didn't want to get hit with major taxes if i sold it. Is there any way to avoid the tax associated with selling the stock to leverage for real estate investing. I am just getting started with investing and I know there are lots of loopholes but don't yet know them. I also am considering using some equity from my house either via a cash out refinance or a HELOC. Are there any tax implications i should be aware of if I went either of these routes?

Also if anyone knows any good articles, blogs, etc. that cover taxes in NJ and how to best maximize your returns despite the massive taxes, please send them my way. 

Finally, anyone know of any good tax advisors / accountants in the northern NJ area that specialize in real estate investing?

Thanks,

Hiral 

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