Capital gains tax
A capital gains tax (CGT) is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was purchased at a cost amount that was lower than the amount realized on the sale. T...
1031 Exchange Rules: All or Nothing?
Discussing Partial 1031 Exchanges I'm planning to sell an investment property and purchase a new investment property. I'd like to defer capital gains through a 1031 exchange, but I also need to keep s...
Capital gains tax in Australia
Capital gains tax (CGT) in the context of the Australian taxation system applies to the capital gain made on disposal of any asset, except for specific exemptions. The most significant exemption is t...
Capital gains tax in the United States
In the United States of America, individuals and corporations pay U.S. federal income tax on the net total of all their capital gains just as they do on other sorts of income. "Long term" capital gain...
Capital gains tax in the United States - Wikipedia
1031 Exchange Rules: All or Nothing?
Discussing Partial 1031 Exchanges I'm planning to sell an investment property and purchase a new investment property. I'd like to defer capital gains through a 1031 exchange, but I also need to keep s...
Son of Boss
Son of BOSS is a type of tax shelter used in the United States, one that was designed and promoted by tax advisors in the 1990s to reduce federal income tax obligations on capital gains from the sale ...
Capital gain
A capital gain is a profit that results from a disposition of a capital asset, such as stock, bond or real estate, where the amount realised on the disposition exceeds the purchase price. The gain is ...
Capital cost tax factor
The capital cost tax factor (CCTF) is a calculated value summarising the benefit in future tax savings due to Capital Cost Allowance (CCA) in Canada.CCTF allows analysts to take these benefits into ac...
Internal Revenue Code section 1031
Under Section 1031 of the United States Internal Revenue Code (26 U.S.C. § 1031), the exchange of certain types of property may defer the recognition of capital gains or losses due upon sal...
Capital Cost Allowance
Capital Cost Allowance (CCA) is the means by which Canadian businesses may claim depreciation expense for calculating taxable income under the Income Tax Act (Canada). Similar allowances are in effect...
Capital loss
Capital loss is the difference between a lower selling price and a higher purchase price, resulting in a financial loss for the seller. The IRS states that "If your capital losses exceed your capital ...
Tenants in common 1031 exchange
Tenants in common 1031 Exchange is a form of real estate asset ownership in the United States in which two or more persons have an undivided, fractional interest in the asset, where ownership shares a...