Are Unrealized Gains Taxed at Death?
Nobody lives forever, and many investors begin to face this sad reality as they grow older. Some investors worry about the tax burden on their heirs upon receiving assets, especially those that have appreciated over time. So, it’s important to address the question, “Are unrealized gains taxed upon death?”
What Is Tax-Loss Harvesting and How Does It Work?
For many investors, the practice of investing is mainly about increasing gains. You employ strategies meant to increase the income from your portfolio. However, one important but sometimes underutilized strategy: managing investment losses.
The Tax Consequences of Transferring Property to an LLC
Of the various strategies for managing personal liability and increasing flexibility in asset management, transferring real estate to a limited liability company (LLC) has been widely used by investors. While often used as a planning strategy, transferring property to an LLC may be more administratively feasible than some alternatives.
How Is Inherited Property Taxed When Sold?
Inheriting a property can be good or bad, depending on what you’re planning to do with it.
How The After-Tax Cash Flow Timeline Works
Property investors planning to sell their investment properties and reinvest through a 1031 exchange often focus on their next steps after deferring taxes. In the investment process, the After-Tax Cash Flow Timeline serves as a critical planning tool.
Do You Have To Pay Taxes On A 1099-S Inherited Property?
Inheriting a property can be both a financial blessing and a tax question mark — especially when a Form 1099-S shows up in the mail. If you’ve received this IRS form after selling an inherited property, you may ask: Do I owe taxes on this?
