Wednesday, October 31, 2012

Prepare for Important Tax Changes in 2013 via NREI Readers Write

BY MICHAEL BULL OCTOBER 31ST, 2012

Next year could bring some significant tax increases, and now is the time to start planning.

On a recent episode of my “America’s Commercial Real Estate Show,” I talked with a panel of experts about tax strategies and took an in-depth look at the potential tax changes that lie ahead in 2013. My guests shared their insights and tips to help real estate investors protect their interests and minimize their tax burden.

Experts say 2013 is a minefield of potential new taxes. All eyes are watching Washington for possible tax increases — from capital gains to carried interest.

“The great mystery is, ‘What will tax rates be in 2013?’” said Linda Goold, director of federal taxation at the National Association of Realtors.

Of course, one of the hottest topics is the capital gains tax.

Read more...Prepare for Important Tax Changes in 2013 | NREI Readers Write

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