Investing in stocks and real estate can present unique challenges. For Lynn, we balanced her desire for liquidity and for other investments against the tax consequences to come up with a solution that matched her needs.
Deb had a complicated situation with high debt. We helped her plan her exchange so she came out with extra income every year.
Taxes are often one of the biggest threats to accumulating wealth. Nathan was selling a multi million dollar, multi-family property. When a client is considering selling and the sale price has 8 digits, taxes are a big consideration.
Most preparers don’t have many clients who do exchanges. As a result, most preparers don’t have a lot of practical experience computing 1031 exchanges. Here’s a story of two exchanges that could have taken a wrong turn if they didn’t have help planning their exchange.
