As the real estate market continues to bounce back from the 2008 crash, I find myself getting asked more and more, “What can I do to save on taxes when I sell my property?” Few realize that so many creative options exist when selling appreciated property.
In my accounting firm, we consistently discuss four options with clients each time they’re faced with this question. These options are strategies you can “hang your hat on,” and most CPAs can help you navigate the steps to implement them.
