Selling Real Estate without Paying Taxes [Paperback]

Richard Williamson (Author)

Book Description

Publication Date: April 22, 2003 | Series: Selling Real Estate Without Paying Taxes

Through case studies and actual client transactions, Selling Real Estate without Paying Taxes discusses basic tax deferral methods for new property investors, as well as introducing some uncommon and complex techniques that the seasoned real estate investor/agent may not have considered.

In Selling Real Estate without Paying Taxes, Richard T. Williamson breaks down the term ""capital gain"" and provides a look at the advantages and disadvantages of each method. Highlights of the book include how to use the Starker 1031 exchange, using installment sales to create a steady stream of income, and tax-free investing with an Investment Retirement Account (IRA).

Editorial Reviews

About the Author

Richard T. Williamson is both an attorney and real estate investor.  He advises clients on asset protection and tax matters related to real estate and works with real estate professionals whose customers rely on them to give expert advice on tax consequences related to selling real estate.  He is very active in his profession having advised real estate investors in thousands of transactions over the past 20 years.  His areas of expertise are asset protection, capital gains tax planning, investment real estate, and estate planning. --This text refers to an out of print or unavailable edition of this title.

Product Details

• Paperback: 232 pages
• Publisher: Kaplan Publishing (April 22, 2003)
• Language: English
• ISBN-10: 0793167981
• ISBN-13: 978-0793167982
• Product Dimensions: 9 x 6 x 0.6 inches
• Shipping Weight: 10.7 ounces
• Average Customer Review: 4.9 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #838,914 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

39 of 40 people found the following review helpful:

5.0 out of 5 stars A must read for property investors!, May 26, 2003

By A Customer

This review is from: Selling Real Estate without Paying Taxes (Paperback)

This book is just what the doctor ordered. I am not an accountant or big time property investor but I needed to find out how to deal with the taxes I faced on the sale of a small apartment building. This book covered the stuff my realtor talked to me about and went far beyond. I quickly found out that what I was planning on doing wasn't going to work out the way I (or my realtor) thought. However, this book gave me other ideas and choices I hadn't considered; some of which would work pretty well for my situation. I don't necessarily enjoy reading business or tax books, but this one was surprisingly easy to read and understand. I was able to get through the book in a few days and didn't get bored or mind boggled. Now I've got both my realtor and accountant reading it. This one is worth the time invested. Hat's off to the author.

37 of 39 people found the following review helpful:

5.0 out of 5 stars Best real estate tax book. Period., September 18, 2004

By 

Coug Fan (Vancouver, WA) - See all my reviews

This review is from: Selling Real Estate without Paying Taxes (Paperback)

I have read a number of books about real estate tax planning, and this is by far the best. It is clear, to the point, and very readable. The author goes through the basics of how a capital gains basis is calculated, rules about stepping up basis, primary residence exclusion rules, etc. He then discusses various ways of deferring or eliminating capital gain consequences via 1031, installment sales, private annuity trusts, charitable remainder trusts and Roth IRAs. The chapter on private annuity trusts is one of the least known, yet most valuable strategies that exists. Buy this book!

12 of 13 people found the following review helpful:

5.0 out of 5 stars Excellent Book!, May 17, 2003

By 

Matthew Crammer - See all my reviews

This review is from: Selling Real Estate without Paying Taxes (Paperback)

This book is a "must read" for anybody who is considering buying or selling real estate in their lifetime. Many of the strategies listed in this book are very cutting edge. There are so many detailed tax advantages that are expressed in an easy to read format. This book is an excellent resource and I highly recommend it.