Tuesday, October 03, 2006

New Site for Real Estate Investors

I have just launched a new site for Real Estate Investors wishing to learn about Capital Gains Tax Saving Strategies. It is located at the link below

SaveRealEsateGains

You can sign up for a free report and be kept up to date with case studies and current news on how to structure your sales so that you will not owe huge amounts of capital gains tax when your highly appreciated property is sold.

Whether you are new to the Real Estate Investing game, or an old hat- don't lose your hard earned money.

Give me a call if you have any topics you'd like to see me cover or subjects for future articles and posts.

Paula Straub
Real Estate Investors Resource Guide
(760)917-0858

Monday, October 02, 2006

Capital Gains Tax Strategies Require Action

I spoke to a couple of people this past week that wish not to pay their capital gains tax, but they don't want to put any effort into the strategy on their end.

For example, a woman in her 70's is selling investment property. It is in escrow. She doesn't want to own another investment property but also doesn't want to consider doing a 1031 TIC exchange, a Private Annuity Trust or a Charitable Remainder Trust. The reason being she's just tired of the whole thing and doesn't want to do anything she hasn't heard of before.

Ok, that's great, but if she'd heard of any of these things and was familiar with them, she probably would already have put one of those strategies in place.

I wish I had a magic pill that would allow you to save all of your capital gains tax without any effort on your part. If your mind is closed to learning new concepts, I guess paying your taxes is the best option for you.

This particular lady will owe 100K if she just sells. She is retired and will never be able to recoup that money during her lifetime.

If this was my mother, I would encourage her to learn all she can about what her options are, and bring me, her tax person, attorney, or any other party she trusts in to help her understand and make her choice.

It really comes down to this. How important is 100K or whatever your amount of tax owed is to your future income stream and legacy.

If you won't miss it, then by all means give it to the IRS. They are happy to take all they can get. Just don't complain later because you didn't make the effort to educate yourself.

Paula Straub
http://www.Paula-Straub-Capital-Gains-Tax-Site.com

ps. Call me for your free consultation and know what your options are. (760)917-0858