michael15
New Member

Investors & landlords

Hi SweetieJean.  We initially calculated the payout to be ~ 300K.  (Stocks were initially worth $0.0001 per share, so nearly all of that will be GAIN).  Even if my numbers are off somewhat, we'll have a big long-term capital gains hit.  

So my core question is:
What types of things can I do to limit / offset this tax hit?  
Of those options, what do I need to do before the end of the year?*

*I'm assuming I'll have to move quick and do some things before the end of 2017 (like gifting or inheritance to our son, etc)...