Exit Strategies
Saturday, November 24th, 2007What is your Exit Strategy?
Know what you’re doing before you buy a property. And, for that matter, know what you’re doing before you sell a property or exchange one. If you can always start with the end in mind, you’ll be better prepared to avoid unintended tax results.
Possible Exit Strategies
Following is a sample of some possible exit strategies for real estate properties. Your own plan might not be listed, but whatever your plan, make sure you’ve reviewed the financial and tax consequences. Plus, make sure you know what your Plan B is, in case your first plan doesn’t work out.
investment property