Investing in rental properties can supply investors with steady revenue streams that cover the mortgage while supplying some extra profits each month. When such properties are ultimately sold, investors stand to enjoy substantial windfalls. But these selling events can trigger significant long-term capital gains tax liabilities. Capital gains taxes can take a sizable chunk of profits from your rental property sales to the tune of 15% or 20% of your take. Learn capital gains tax avoidance and deferment strategies that can help ease that burden.
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