19 Aug 2020

Adjusted Basis 101

When selling your home you may be responsible for paying capital gains taxes, which are defined as taxes paid on the positive difference between the sale price of your home and the original purchase price. To understand how much you will owe you will need to know what the adjusted basis on your home is. However, unless you have been involved in multiple real estate transactions, you may be unaware of what this means. Therefore,

3 May 2019

Avoiding Capital Gains with a Deferred Sales Trust

Do you own a property which has appreciated considerably since you purchased it? Have you been hesitant to sell because you want to avoid paying capital gains tax? If you've answered yes to either of these questions you may benefit from using a Deferred Sales Trust (DST). If you are at risk of paying a substantial sum in capital gains tax when selling your home, and if you either don’t quality for or would like