by Kevin Jerry | May 11, 2023 | 721 Exchange, Capital Gains Tax
For building owners and investors looking to avoid long-term capital gains on real estate properties, usually, the only option they see is a §1031 Exchange. However, another strategy, similar to a §1031, is called a §721 exchange. Both §1031 and §721 exchanges let...
by Kevin Jerry | May 11, 2023 | Capital Gains Tax
The Supreme Court in Washington State recently ruled that the state’s seven percent capital gains tax is constitutional. The ruling, which basically states that capital gains taxes are different from property taxes in the state of Washington, comes right after...