Tax savings beyond property exchanges

If you own your home (or want to) and/or investment real estate but don't fully under its tax benefits, "Selling Real Estate Without Paying Taxes, Second Edition" by attorney Richard T. Williamson shows how to maximize your tax advantages. Emphasis is primarily on avoiding taxes when selling real estate, but the author also emphasizes the importance of the noncash depreciation deduction for owners of investment buildings.

This book is for homeowners and investors who need more than basic tax information about avoiding tax on home sales and tax-deferred exchanges. Williamson provides superb explanations of how to use private annuity trusts, charitable remainder trusts, and even tax-free IRA (individual retirement account) investments to accomplish financial goals while avoiding taxes and planning for retirement.

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source: updatere.com