Tuesday 4 September 2018

Trump is considering a tax break that would be a boon for real estate

President Trump is considering a tax break that would link capital gains to inflation. Such a change would cut tax bills for investors selling real estate or stock by adjusting the original purchase price for inflation. For example, under current law, corporate stock with dividends held for a decade would be subject to a tax rate of 24.3 percent. When indexed to inflation, that rate falls to 21.4 percent, according to estimates by the Congressional […]



source https://therealdeal.com/2018/09/04/trump-is-considering-a-tax-break-that-would-be-a-boon-for-real-estate/

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