Tax & Structure
Selling: timing, costs and the tax bill
The exit is where a large share of the return is realised, and where the costs are most often underestimated.
Depreciation, entities, exchanges and record-keeping.

Tax & Structure
The administrative work nobody enjoys, done properly once, saves money at tax time and prevents the reconstruction nobody has time for.
Tax & Structure
The exit is where a large share of the return is realised, and where the costs are most often underestimated.
Tax & Structure
The rule that determines whether your rental losses reduce this year’s tax bill or sit unused for a decade.
Tax & Structure
Real estate transfers badly without planning, and the costs fall on people who did not choose to be in the business.
Tax & Structure
One of the few operating expenses you can reduce by argument alone, on a deadline most owners miss.
Tax & Structure
Most real estate partnerships fail on governance rather than on the property, and the failures are predictable enough to be drafted around.
Tax & Structure
One is deducted this year, the other over decades, and the classification is made at the moment you write the check whether you realise it or not.
Tax & Structure
A powerful deferral mechanism with unforgiving deadlines and a set of requirements that fail deals when they are discovered late.
Tax & Structure
Unglamorous, entirely within your control, and the difference between a straightforward sale and an expensive reconstruction twenty years later.
Tax & Structure
The most common structural question in small-scale investing, with an answer that depends on facts people rarely state.
Tax & Structure
The most significant tax feature of real estate is also the one most frequently described inaccurately by people selling something.