Sentences with phrase «huge capital gains tax»

When the owner of the $ 4 million portfolio sells, they get a huge capital gains tax bill.

If you've got an investment property that you plan to sell and you know there'll be a huge capital gains tax bill coming up, tax - loss harvesting now when the markets are down means new, cheaper investments purchased today and a nice tax credit that can be used in the future.

Some cryptocurrency investors are stuck with a huge capital gains tax bill they can't pay because of losses this year.

Not only are you stuck with a huge capital gains tax bill, you also have to pay it after losing your previous gains.

Some couples have unfortunately been known to do this during the asset - splitting process, resulting in huge capital gains taxes and penalties (plus the loss of any potential earnings from that money).

Not exact matches

By having that mindset, they can avoid paying huge commission fees and lofty short - term capital gains taxes.

Lastly, no matter how you slice it, you're probably going to have to pay a huge amount of tax on income or capital gains from your tokens» sale, which doesn't happen when you raise traditional equity.

As a result, I may be forced to sell some of that Microsoft stock, triggering huge, built - up capital gains taxes.

Self - employed people can often use it to save huge amounts for retirement while avoiding taxes on the capital gains, dividends, interest, rents, and other profits.

The IRS warns that if you have a complicated return or might be subject to the alternative minimum tax or have huge capital gains or qualified dividends, you should consult your tax preparer to make sure you have adequate withholding.

The request must be made in writing in order to minimize the huge hit in capital gain taxes.

«The capital gains tax has become a huge issue for owners in New York City and may push people to sell at very different numbers prior to January,» said Frances Katzen, a managing director at Prudential Douglas Elliman.

Because of the deemed disposition of all assets at death and the resulting capital gain, as well as the entire RRSP or RRIF being added to income, many people have huge tax liabilities at death.

No capital gains on the sale of a principal residence is a huge tax break.

Landlords don't get the capital gains exclusion, which is a huge part of the tax advantage of owning.

a person who holds certain shares and knows that the prices are going to decline, he might as well sell the stock and buy later at the lower prices; but by doing so, he will have to pay huge taxes on the capital gain from the sale of the stock.

There is one way to legally avoid or reduce capital gains taxes if two spouses have a huge difference in income: the high - income earner can loan money to the low - income partner, who can use it to buy investments.

Or pack it with high - growth stocks and roll the dice on potentially huge tax - free capital gains?

So an open or un-registered account opened by a corporation or holding company benefits huge if it holds corporate class mutual funds which then allows tax - deferred growth, no taxable dispositions by switching investments to other corp.class funds, and once redeemed or withdrawn they only create capital gains which are taxed at a low rate.

It irks me enormously that friends see 10 - 20 % capital gains tax - free growth each and every year on their homes while I face a huge bill if I sell various un-sheltered legacy holdings.

When was the last time you were shocked by getting a surprise huge non-realized capital gains distribution from your mutual fund, resulting in having to pay through the nose in «phantom capital gains taxes?»

As for non-deductible IRAs and annuities, the advantage of delaying taxation can be huge depending on time horizon even if it does mean paying ordinary income tax rates vs. capital gains rates.

The Recoverable Capital Cost Allowance and Capital Gains Tax are huge disincentives for aging owners to sell their rental properties to new operators that statistically spend the most on upgrades and repairs.

Landlords don't get the capital gains exclusion homeowners get but landlords do get huge deductions for (imaginary) depreciation that allows them to defer some taxes indefinitely.