Capital Gains Tax

All types of commercial properties can be considered “like-kind,” including apartment buildings, vacant land, farmland, office buildings and warehouses among other properties.

Rubio’s proposed tax plan includes a dramatic change in the way capital gains are treated. With this little-noticed proposal, holders of capital assets – including securities, real estate and small business interests – would calculate their potential ...

The main attraction is the maximum tax rate on long-term capital gains. Typically, an investor will pay a long-term capital gains tax of 15 percent on a securities transaction. For someone in the top ordinary income tax bracket of 39.6 percent, the ...

During his recent State of the Union Address, President Obama outlined his proposal to change several key provisions of the Internal Revenue Code. Specifically, the President advocated for the elimination of the basis step‐up that occurs at an individual’