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Updated about 6 years ago on . Most recent reply

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Miles Presha
  • Investor
  • Los Angeles, CA
27
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90
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88 year old seller with 500k on capital gains

Miles Presha
  • Investor
  • Los Angeles, CA
Posted

My wife's client looks to clear about 500 K after selling her 4unit property. What's her best option to avoid heavy capital gains? An annuity? She's buying another home moving to TX. MY

Most Popular Reply

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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
4,437
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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

I would recommend having her talk to her CPA and financial adviser  

Especially at her age you can't gamble on giving her incorrect advice- She needs to be in the hands of a financial professional. 

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Kolodij Tax & Consulting

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