Tag: capital gains
-
Planning for the Future & Beyond
Real estate is often considered one’s residential or rental property. But as we age, real estate can become a burden. If this is you, you’re not alone. Meet “Mrs. Lee,” a longtime homeowner who finds her home is too big and too much work to maintain. She receives support from a real estate planner who…
-
I’m a Trustee… Now What?
Inheriting property can be both a gift and challenge. As a trustee, you’re not just receiving real estate, you’re inheriting family responsibilities, property maintenance and tax implications. In Hawai‘i, the complexity increases given the unique real estate landscape. So what options can maximize the potential of your inheritance? Consider the 1031 Exchange, which permits trustees…
-
Beware: It’s the Return of the Estate Tax
The good news is that the federal estate tax took a vacation in 2010. The bad news is that it spent the whole year lifting weights and taking steroids. The estate tax is coming back in 2011, as big and bad as it has been in a long time. Now is the time to review…