It is common for real estate to be purcahsed for cash and trade. For example you might buy a $400,000 house for $250,000 plus a townhouse you own free and clear.Have you heard of real estate being purchased for cash and stock? If this practice is allowable, what are the tax implications if you use low basis shares?I've got a large portion of net worth in stock with cost basis near zero, and am looking for creative ways to monetize without getting crushed in taxes.Thanks
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra