Dec 7, 2020
When you sell your multifamily property you are taxed on the profits that the sale generates. That tax is called the capital gains tax and is usually 15%. It's a hefty tax to pay and will capture a pretty sizeable chunk of your profits. So what are some strategies to avoid paying this tax? Many have heard of the 1031 exchange, which can work is certain situations, but few have heard of the deferred sales trust.