Do you own any stocks that you're thinking about selling? Are you also an owner of a commercial property? If so, it just might be time to consider cost segregation. Cost segregation could lower your taxable income.This will make your capital gain less when you sell stock and potentially lower your capital gain tax rate.
Key Points
- Capital gain is any profit you have from selling an asset
- Capital gain tax rates at different income levels
- Benefits of cost segregation
- Covid effects on capital gains
Read full article below:
https://costsegregationservices.com/reduce-capital-gains-from-sold-stocks-with-cost-segregation/
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