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Making the most of the 1031 Exchange
Looking for some guidance in the 1031 exchange process. My company is looking to exit a deal where we have a huge capital gains exposure. We are looking at the 1031 exchange as a way to defer the capital gains from the sale BUT we would still like to harvest some cash from the sale without paying...
How deferring capital gains cuts the tax?
So someone told me that deferred capital gains realisation cuts effective tax rate. I don't really get it - did some google searching but I'm not 100% sure what to look for. Is there some scheme out there or something? Any links / knowledge greatly appreciated!
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