![]() |
|
| *Home>>>Capital Investment |
Taxes / Capital Gain & AMTs? |
I am cashing in my stocks at a $300,000,00 gain, in a small c-corporation that I held over 5 years. Our AGI is about $120,000.00. I am assuming that your an individual not a corporation and that you held ownership in a c corp. So your gain will be taxed at the long term 15%. As far as the ATM goes it depends on how many deductions and exemptions you are claiming. My guess is since you AGI will be about 420,000 that the AMT will not kick in but it really depends on your situation. |
| Tags |
| Earn Money Direct Investment Debt Financing Capital Investment Business Investment Business financing Business Invest Business Debt |
| Related information |
Try ... You need to find a qualified 1031 exchange administrator to assist you with this. The simple version: You sell your property, and within 30-60 days must identify a new "like-kind" pro... A means to an end. At the end, you can't take it with you. As for you question, If you got rid of half of your home mortgage as a result of selling your investment, you would be doing pret... Interest on loans that are used to purchase investments that generate taxable income is deductible up to the amount of taxable income generated. From what you posted here, your deductible interes... If the basis of your property is $140,000 and you have been depreciating it for three years, you have approximately $15,000 of depreciation. When you sell the property, the first $15,000 of gain... Point of this question is unfocused. Not critical or important to investing at all. You can buy a stock the day before it goes ex-dividend so wait is only 1 day before you own the dividend but that... You're probably ok on the investment property, but on your primary residence it depends on the amount of the gain - if its more than $250k for an individual and $500k for a married couple fili... Direct costs of purchase (i.e. title insurance, brokerage fee) can be added to your cost basis. Operating expenses like travel and phone cannot be capitalized, but can be take as operating expense... |
Categories--Copyright/IP Policy--Contact Webmaster |