What is capital gain tax?
Capital gain tax is a tax charged on capital gains, i.e. the profit realized on the sale of a capital asset that was purchased at a lower price. The most common capital gains are realized from the sale of stocks, bonds, precious metals and property. Not all countries implement a capital gain tax and most have different rates of taxation for individuals and corporations.
How can you potentially defer capital gain tax?
Capital gain tax can be deferred if a seller utilizes the proper techniques. The IRS has set up several avenues to allow you to defer capital gain tax. One of the ways to defer capital gain tax is through meeting the requirements of a 1031 exchange. There are many rules and regulations that you must follow to defer capital gain tax, but a 1031 exchange can potentially save thousands of dollars in capital gain tax. That’s why people choose to use a 1031 exchange, to defer paying capital gain tax on the sale of their business or investment real estate.
How can Spectrus help you defer capital gain tax?
Spectrus Real Estate offers individual buyers of whole property a number of investment real estate solutions to help you defer capital gain tax. Contact a Spectrus sales executive today about 1031 exchange properties. Spectrus does not offer tax advice, please consult your own tax adviser concerning 1031 exchanges and deferring capital gain tax.
Spectrus offers commercial real estate opportunities to individual buyers of whole property.
More information available at www.spectrusrealestate.com and www.spectrusrealestate.com/Capital-Gains-Calculator.aspx