But here are ways to reduce capital gains taxes:Deduct expenses (renovation, selling costs) in 2024 to offset gains.Hold for 1+ year to qualify for lower long-term capital gains tax rates.Invest in a Qualified Opportunity Fund (QOF) to defer taxes.Use tax-loss harvesting to offset gains with investment losses.Pushing 2024 deductions to 2025 won’t help much with 2024 capital gains.

And my rental cash flow went from only $1500/month to 19k/month profit by taking on more loans and harvesting the equity in some of my properties including my primary.

The first farmer tries to plant, water, and harvest everything himself.

I've looked at Quickbooks, Stressa, Harvest...etc.

@Nick Ruffini There may be some opportunities for tax-gain harvesting but without the relevant data, I'd be unable to confidently say one way or another what would be beneficial or possible for your parents.

Harvest is a good market and desirable for renters.

Tax StrategyWhile liquidating the brokerage account may trigger capital gains taxes, strategies like staggered withdrawals or tax-loss harvesting can help minimize the impact.

You get to harvest the equity tax free.

  +100 acres of undeveloped land for the purpose of conservation, hunting, and timber harvesting. 

I do remember the days when I could of harvested the coins, but I had a Win98 machine hooked up to a dial-up modem.