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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)...
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)...
‎June 6, 2019
6:54 AM