Product Details
Of all the areas affected by the 1997 Taxpayer Relief Act--the most sweeping tax reform agenda in years--perhaps the greatest impact will be in real
estate. From the capital gains reduction on investment property to the new $500,000 exclusion on the sale of residences, the revisions are numerous--and
complex. This concise, easy-to-understand book clarifies and simplifies these changes for you, explaining exactly what the revisions are, what they mean
for your holdings, and--perhaps most importantly--how you can profit from them when buying or selling residential or commercial real estate.
With the very latest information on capital gains, home office deductions, home exclusions, and other modified provisions, Buy or Sell Real Estate
after the 1997 Tax Act shows you how to:
- Formulate effective strategies to achieve the best returns.
- Take advantage of tax-free exchanges.
- Use new exclusions to save money when selling your home.
- Manage rental property sales.
- Choose between trading and selling.
- Determine your taxes under the new rules.
Here is an authoritative, accessible, and thoroughly indispensable guide for anyone looking to understand--and capitalize on--the new tax law changes
in real estate.
Biographical Note
ROBERT IRWIN, a real estate broker for more than three decades, has written more than 30 books, including the bestselling Tips and Traps series.
