Real Estate Gifts
Doing well by doing good!
Most real estate investors, either now or at some point in the future, will be faced with a problem when it becomes time to sell investments to meet other or new financial objectives. What is the most effective way to liquidate all or part of your real estate holdings? What will maximize cash flow, minimize taxes and provide cash for future generations? There are three possible beneficiaries of your real estate:
Your Family, Your Favorite Charity, The Tax Collector!
If you plan ahead you get to redirect your dollars and pick two. Example, 65 year old investor, paid $200,000 for a building now worth one million. He wants more income, wants to diversify, wants to eliminate management burdens, would sell if he could avoid capital gains.
Gifting strategy- $247,380 deduction, avoided $160,000 capital gain, invested one million, $1,000,000 annual income and left one million dollars to his favorite charity.*
No Strategy- No deduction, pay capital gains, invest $840,000, $84,000 annual income, left ??? to ???
Would you like to avoid capital gains? Would you like to increase cash flow? Retirement? Child or grandchild's education? Alimony? Child support? Would you like to help that special school, hospital, religious or charitable organization? What will your legacy be? Call for a no obligation consultation
*based on a specific investor, your figures may vary
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