A 1031 or “like-kind” exchange is a strategy in which a property owner may defer all or a portion of the taxable gain from the sale of property.
A strategy to sell highly appreciated real estate or businesses and defer the taxes.
Charitable Donations of Land may provide charitable donation tax benefits for qualifying investors. Internal Revenue Code 170(h) (26 USC §170).
Intangible Drilling Costs (IDCs) may offer tax advantages for qualifying investors. Internal Revenue Code 263(c). IRS Oil and Gas Handbook
REITs can provide tax advantaged distributions depending on the depreciation schedule of the underlying real estate.
For tax planning, preparation, and strategies, Jeff Trapp of The Tax Planning Pros is available to our valued clients.
We utilize a variety of relationships to strategize and collaborate about each client’s unique situation.
Scott S. Brooks, Chief Investment Officer
www.GoldCoastFinancialGroup.com or www.GCFGinc.com