Avoid Capital Gains Tax Ideas?
Looking for ways to beat the capital gains tax and liquidate one real estate asset in order to seed another and I can't wait for the Cons to get their act together and deliver on their promise of allowing investors to pay 0% if reinvested within 6 months.
Any ideas?
put your money in bonds then mortgage the bonds
put more electricity in your money
paper money is not conductive
fuk u doc broc youre not the electroboss
Toro @ Fri May 11, 2007 7:37 pm
Move to Bermuda.
lily lily:
grainfedprairieboy grainfedprairieboy:
Looking for ways to beat the capital gains tax and liquidate one real estate asset in order to seed another and I can't wait for the Cons to get their act together and deliver on their promise of allowing investors to pay 0% if reinvested within 6 months.
Any ideas?
Taxes are for other people.

Capital gains taxes are UNFAIR!!!!!!! and are essentially an intelligence tax.
grainfedprairieboy grainfedprairieboy:
lily lily:
grainfedprairieboy grainfedprairieboy:
Looking for ways to beat the capital gains tax and liquidate one real estate asset in order to seed another and I can't wait for the Cons to get their act together and deliver on their promise of allowing investors to pay 0% if reinvested within 6 months.
Any ideas?
Taxes are for other people.

Capital gains taxes are UNFAIR!!!!!!! and are essentially an intelligence tax.
You're starting to sound a lot like Dion.
How are they unfair? You're probably talking about selling one piece of real estate to buy another. You're cashing in on a housing boom. In what possible way it it unfair for you to pay some tax on your profit?
What would be unfair would be to tax people who actually do productive work for their money and not tax those who "let their money work for them."
Suck it up and pay your dues, princess.
hurley_108 hurley_108:
How are they unfair? You're probably talking about selling one piece of real estate to buy another. You're cashing in on a housing boom. In what possible way it it unfair for you to pay some tax on your profit?
Why should I have to pay the government on money I risk that turns a profit? They should be paying me for being successful rather then penalising me.
hurley_108 hurley_108:
What would be unfair would be to tax people who actually do productive work for their money and not tax those who "let their money work for them."
Without capital investing there would be no productive work. This is why there should be 0% Corporate tax.
hurley_108 hurley_108:
Suck it up and pay your dues, princess.
You stole that line from King George III and his memo to America.