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All Forum Posts by: Jacques Cyr

Jacques Cyr has started 13 posts and replied 83 times.

Post: Selling stock - Capital Gains tax deferral if investing in Real Estate / RE?

Jacques CyrPosted
  • Flipper/Rehabber
  • Grosse Pointe, MI
  • Posts 90
  • Votes 21

Bill,

Thanks for the response. and would agree that the play for me may be to borrow against the value.

Appreciate the feedback.

Post: Selling stock - Capital Gains tax deferral if investing in Real Estate / RE?

Jacques CyrPosted
  • Flipper/Rehabber
  • Grosse Pointe, MI
  • Posts 90
  • Votes 21

Noticed a few post related to 401K and access as a line of credit for funding REI: http://www.biggerpockets.com/forums/49/topics/7460...; however, I happen to also have some stock options I'd like to leverage. Concerned about minimizing the tax penalties for Capital Gains (or alt...) taxes. 

My questions is: If I sell my stock, and invest these funds directly into REI, will I be able to defer applicable stock sale taxes?

Post: Chicago Meet Up January 20th - "Shark Tank" Deal Presentation

Jacques CyrPosted
  • Flipper/Rehabber
  • Grosse Pointe, MI
  • Posts 90
  • Votes 21

Looking forward to attending.