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18 February 2025 | 9 replies
But here are ways to reduce capital gains taxes:Deduct expenses (renovation, selling costs) in 2024 to offset gains.Hold for 1+ year to qualify for lower long-term capital gains tax rates.Invest in a Qualified Opportunity Fund (QOF) to defer taxes.Use tax-loss harvesting to offset gains with investment losses.Pushing 2024 deductions to 2025 won’t help much with 2024 capital gains.
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18 February 2025 | 9 replies
Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.
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10 January 2025 | 9 replies
The advantage of Reg D over relying on the general exemption is (1) if you comply the SEC can’t come back and say you should have registered and (2) if your sued by a disgruntled investor you have a definitive defense, which means an attorney is unlikely to take an investors case on a contingency basis - unless fraud was committed.
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12 February 2025 | 29 replies
CA really cleaned up the fractional note business from my days of doing it in the 80s..
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16 February 2025 | 6 replies
You'll want to gather the last 2 or three months of COMPLETE bank and brokerage statements...even if you think we don't need to see it...give them to us.