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A Way Out

Those of us who own highly appreciated commercial and residential investment real estate assets are often reluctant to sell because of capital gains and depreciation recapture costs associated with the sale. But what other choice do we have? Is there another way to deal with the capital gains tax deficits that so many experience when they sell their real estate assets? The answer may lie in the Private Annuity Trust.

     This IRS-accepted capital gains tax deferral program could save you thousands of dollars and at the same time make a profit on the money you would have paid to Uncle Sam in the year of the sale. Obviously, this strategy is gaining popularity among those who have highly appreciated assets that are marked for sale. You, too, can take advantage of this program once you understand how it works.

The September 2005 issue of Kiplinger Magazine is now online and the PAT article can now be viewed on the Kiplinger.com website. Anyone who has not read this article should certainly do so.   

Click Here for a direct link to the article:

CLICK HERE for more details and see how much you will save.