What are my best options to avoid capital gains tax?

You could buy it in installments, and he would only pay tax as he gets each payment.

hi timadd me to your listif you look at my profile I am here in sydney and I am looking at the same as your last client.not sure if the way we are looking at it is the same as your last client.I would be very interested in what structure athey bought inand how they put the buying entity together.what and who they used for their legals and tax as we can mirror the way they have done it.I think funding is not the major issue as there will be lenders to lend if we buy right.we are a start forward type of buyer.and usually very straight shooters.we have a way of buying the 35 to 99k properties and then we call them pooled loans not sure what you call them a bit new at your neck of the woods.I would like to get into the buy hold refi and use the same lender to fund into australia but thats a bit down the track.the more info on the structure the better at this stage and if that requires us to buy a property to learn we will

So it doesn't matter that my rental property shows a tax loss on paper; I still pay the CAT tax as a percentage of my rents.

Are they aware that they MAY trigger some federal GIFT tax?

Cash out up to 70% of market value immediately up to the total cost you paid on the final HUD settlement statement whichever is less in under 6 months.Option number two you can wait 12 months and you can cash out up to 80% using market value which means you'll be able to take out all of your money in the property and the some with out tax as long as you have not sold the property.

If you qualify as a "trader/dealer," status you may be subject to self employment tax as well so I would consult with your tax advisor regarding the day trading activities.However on the lending end we generally can only use income for qualification purposes if its considered consistent and likely to reoccur.Message me if you had additional questions or specifics.

If your area is too expensive for you to move up comfortably, Oregon and Washington are great places to live, and WA even has no state income tax, a nice bonus.

This land has some cost basis, and the portion of your purchase price that represents a capital gain on the sale of the land itself will be subject to long term capital gains tax as the installments are received.

Our local REI group agrees re the 'political' aspect.Its a contrived punitive form of tax as are inflatedReassessments & code violations out of thin airr.