Capital Gains Taxes Reduce Wealth

It is important to understand that each dollar of tax paid reduces your wealth. Therefore It is crucial that you seek guidance of a trusted tax advisor and our team when selling your primary residence or investment properties.

You Must Understand Cost Basis

Understanding Cost Basis is a critical component of minimizing or eliminating capital gains taxes, since it is one component used in calculating the tax associated with a Capital Gain. Through a real estate plan we look to employ strategies to minimize or even eliminate capitals gains taxes, enabling families to pass more wealth to future generations.

Step Basis Vs. Carry Over Basis

Cost Basis may be stepped up, as in the case of death of the property owner, or carried over. In partnership with your trusted Tax Advisor, and with proper planning, we can employ strategies to minimize the impacts of Capital Gains Taxes and meet the objectives of the family.

Estate and Inheritance Taxes

When an estate is transferred to heirs, the value of the estate may be subject to Estate Taxes and the heirs may be subject to inheritance tax. This is an important to speak with a trusted tax advisor to understand the impacts, if any, of these taxes when creating generational wealth. *

*Please seek the guidance of a trusted Tax Advisor for all tax related considerations.