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Updated over 5 years ago,
Tax strategies for selling stocks and invest in property
Hi All,
I’m selling stocks (selling around $500k , around 50% of it is long term gain) to invest in a property. I’m already in high tax bracket ($350k income) . I’m selling mostly long term capital gains but I need to pay 20% on long term cap federal and 13% California effective 33% on my cap gains. Are you aware of any tax strategy in this situation? My CPA sucks , CPA recommendation is appreciated