If an investor bought an apartment building for $100,000 in 1975 and it is now valued at $1.8M dollars, the property has appreciated significantly and is now worth eighteen times what it was in 1975. Clearly, this was a great investment. But, like all investments, one...
Direct real estate owners, often high net worth entrepreneurs, face obstacles to tax-efficient asset reallocation. Recently increased capital gains tax rates, and depreciation recapture exact a large toll on the proceeds of sale. The following brief provides...