Tag: real estate


Real Estate Investors: Let’s Talk about Like-Kind Exchanges

Are you thinking about divesting a real estate investment and then replacing it with another property? If you sell appreciated property outright, you’ll incur a taxable gain, which lowers the amount available to spend on the replacement property. But you … Read More »

November 17th

Timely Articles. No Comments


Watch out for potential tax pitfalls of donating real estate to charity

Charitable giving allows you to help an organization you care about and, in most cases, enjoy a valuable income tax deduction. If you’re considering a large gift, a noncash donation such as appreciated real estate can provide additional benefits. For … Read More »


Real estate investor vs. professional: Why it matters

Income and losses from investment real estate or rental property are passive by definition — unless you’re a real estate professional. Why does this matter? Passive income may be subject to the 3.8% net investment income tax (NIIT), and passive … Read More »


Giving real estate to charity is rewarding, but beware of tax traps

Did you know that the estate of director John Hughes donated the family’s Illinois mansion to a nonprofit hospital? After allowing another charity to use the home for a fundraising event, the hospital sold the home and used the proceeds … Read More »

August 25th

Estate Planning Briefs. Comments Off on Giving real estate to charity is rewarding, but beware of tax traps


Putting your home on the market? Understand the tax consequences of a sale

As the school year draws to a close and the days lengthen, you may be one of the many homeowners who are getting ready to put their home on the market. After all, in many locales, summer is the best … Read More »

May 10th

Tax Department, Tax Planning. Comments Off on Putting your home on the market? Understand the tax consequences of a sale

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