What value can a owner realized AFTER selling their property?
The conversion of Ordinary Income into Capital Gains income has to do with the technical nature of the allocation of the gain on the sale. Many, if not most, accountants initially believe it is simply a timing issue. However, when the mechanics of gain are discussed, they quickly realize increasing depreciation leads to paying taxes at the capital gains vs. the ordinary income rate.
Related Questions
- WHY WOULD AN OWNER OR REALTOR SELLING AN ENTIRE PROPERTY DEVELOP THE FRACTIONAL OWNERSHIP STRUCTURE AND AGREEMENT BEFORE MARKETING? WHY NOT LET THE BUYERS DEVELOP THEIR OWN FRACTIONAL AGREEMENT?
- Why would an owner or Realtor selling an entire property develop the co-ownership structure and agreement before marketing? Why not let the buyers develop their own agreement?
- What value can a owner realized AFTER selling their property?
