Canada Kicks Ass
Avoid Capital Gains Tax Ideas?

REPLY



grainfedprairieboy @ Tue Mar 20, 2007 10:49 pm

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?

   



dr_brocolli @ Tue May 08, 2007 10:16 pm

put your money in bonds then mortgage the bonds

   



Daovonnaex @ Tue May 08, 2007 10:18 pm

put more electricity in your money

   



dr_brocolli @ Tue May 08, 2007 10:19 pm

paper money is not conductive

   



Daovonnaex @ Tue May 08, 2007 10:20 pm

fuk u doc broc youre not the electroboss

   



Toro @ Fri May 11, 2007 7:37 pm

Move to Bermuda.

   



grainfedprairieboy @ Fri May 11, 2007 9:27 pm

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. :roll:


Capital gains taxes are UNFAIR!!!!!!! and are essentially an intelligence tax.

   



hurley_108 @ Fri May 11, 2007 10:15 pm

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. :roll:


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.

   



grainfedprairieboy @ Fri May 11, 2007 10:26 pm

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.

   



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