#tax deferral

5 stories

#irs #1031 exchange #401k #capital gains tax #death tax #decedent #deferred tax #delaware statutory trust #depreciation #estate taxes #executor election #federal tax

Section 1031 Tax Rule Lets Landlords Swap Buildings Forever
Landlords defer capital gains tax by swapping properties indefinitely under a 1921 rule, with the bill vanishing at death.
24/7 Wall St. · 1m
Fidelity Reveals 401(k) Balance Hits $155,800
Average 401(k) balance now $155,800, but $34,000 owed to IRS by tax deferral.
24/7 Wall St. · 1m
Widow Keeps IRA in Husband's Name for Decade-Long Tax Deferral
Widow retains IRA in deceased husband's name to delay tax withdrawals until he'd turned 73, avoiding 10% early distribution penalty.
24/7 Wall St. · 1m
What a Delaware Statutory Trust Actually Means
A guide to understanding DSTs as 1031 exchange replacement property, beyond the sales pitch.
Kiplinger · 3m
The $118,000 tax surprise hiding in inherited bonds
A daughter discovers her father's decades-old savings bonds come with a six-figure tax bill on unreported interest she never expected to owe.
24/7 Wall St. · 2m