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29 January 2025 | 6 replies
In that case, the GP, who was a cheating SOB, issued a K-1 allocating cap gains [§1231 gains] to my Client, who was a minority LP.
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2 February 2025 | 5 replies
I think you will gain a lot there.
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4 February 2025 | 11 replies
Tax StrategyWhile liquidating the brokerage account may trigger capital gains taxes, strategies like staggered withdrawals or tax-loss harvesting can help minimize the impact.
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1 February 2025 | 23 replies
You have to pay depreciation recapture and gains on the pro-rated time it was a rental.
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14 January 2025 | 19 replies
Knowing what NOT to do is often the most valuable advice!
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6 February 2025 | 2 replies
You have the ability to sell while limiting your capital gains tax because you lived in 2 of the last 5 years.
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29 January 2025 | 2 replies
Connecting with investors is a great move too; it’s one of the best ways to gain real-world knowledge and build a strong foundation for your journey.What kind of investing are you most interested in?
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29 January 2025 | 3 replies
Then, if you can trend over time you'll want to see where the "path of progress" is going/moving and attempt to buy in that path of progress to gain some appreciation in the future.
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22 January 2025 | 22 replies
Your net gain is your net sale, minus your adjust cost basis.
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31 January 2025 | 5 replies
They will get you the plaster price and take a portion of what they gained you.