irl1
Full Member
Posts โข 9,274
Likes โข 9,380
December 2017
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U.S. Collectors Save on Art Sales, by King Robbo Lives on Mar 28, 2019 21:49:09 GMT 1, Very useful, and keep in mind, there are smaller REITs you can park your profits in to defer/avoid capital gains tax. Most people think this is for the super rich, but anyone divesting any asset can benefit where a substantial profit is being taken.
Very useful, and keep in mind, there are smaller REITs you can park your profits in to defer/avoid capital gains tax. Most people think this is for the super rich, but anyone divesting any asset can benefit where a substantial profit is being taken.
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cmodart
Junior Member
Posts โข 1,568
Likes โข 1,864
March 2014
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U.S. Collectors Save on Art Sales, by cmodart on Mar 29, 2019 0:06:45 GMT 1, This is a dramatic oversimplification. We actually used real property gains and securities gains to acquire and improve a property in an opportunity zone. Itโs not for the faint of heart and itโs not a cure-all.
This is a dramatic oversimplification. We actually used real property gains and securities gains to acquire and improve a property in an opportunity zone. Itโs not for the faint of heart and itโs not a cure-all.
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firstimer
New Member
Posts โข 192
Likes โข 221
March 2015
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U.S. Collectors Save on Art Sales, by firstimer on Mar 29, 2019 9:07:29 GMT 1, I understand the deferred tax when selling, but I'm not following on how this can help the buying of art... anyone with a higher IQ care to shed light?
I understand the deferred tax when selling, but I'm not following on how this can help the buying of art... anyone with a higher IQ care to shed light?
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cmodart
Junior Member
Posts โข 1,568
Likes โข 1,864
March 2014
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U.S. Collectors Save on Art Sales, by cmodart on May 4, 2019 2:36:06 GMT 1, I understand the deferred tax when selling, but I'm not following on how this can help the buying of art... anyone with a higher IQ care to shed light?
sell art. Capital gains. Reinvest into OZ RE and defer or exempt gains. Not buying art
I understand the deferred tax when selling, but I'm not following on how this can help the buying of art... anyone with a higher IQ care to shed light? sell art. Capital gains. Reinvest into OZ RE and defer or exempt gains. Not buying art |
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