Effective January 1, 2013, the top capital gain tax rate has been permanently increased to 20% for married couples filing jointly with incomes exceeding $450,000 (400,000 taxable income for single filers). Investors owe capital gains taxes for taxable transfers of real property on the gain associated with the transfer. Please contact one of the real estate lawyers at the Edmonds law firm of Beresford Booth to discuss possibilities for real estate investments using limited liability companies.
Beresford Booth PLLC ? Edmonds Real Estate Lawyers?(425.776.4100),?www.beresfordlaw.com
?BERESFORD BOOTH PLLC has made this content available to the general public for informational purposes only.? The information on this site is not intended to convey legal opinions or legal advice.
Source: http://beresfordlaw.com/real-estate-investors-capital-gains-tax-rates-go-up-in-2013/
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