"We didn't want to do another 1031 exchange. We wanted out for good, but would be looking at substantial capital gains if we sold, as our triplex has appreciated significantly. At Huntley Wealth, we learned how to sell our investment property and defer the taxes. And the tax write off is going to nearly wipe those taxes out!" — Arthur W., Fountain Hills, AZ

Rescuing Appreciated Assets

Do you own a highly appreciated investment property that you would love to sell, but can't stand to think of paying Uncle Sam all those taxes in capital gains and depreciation recapture? If you're tired of managing that property and would sell it if you knew of a tax efficient exit strategy, the Charitable Installment Bargain Sale™ (CIBS) could be your answer.

The Charitable Installment Bargain Sale combines two exit strategies, the charitable bargain sale and the installment sale. Combined, the strategy allows you to make a gift of property to a non-profit foundation, who in return, guarantees an annual income payment for a fixed number of years.

For example, on a $1 Million dollar duplex, rather than paying 30% federal and state taxes, or $300,000 in the year of the sale, you might receive installment payments for $100,000 per year for 14 years, and pay only $30,000 per year of tax, but in many cases, the tax deduction wipes even that out, netting you more "spendable" income.

Your number one benefit in this exit strategy is that you don't lose a third of the property's value to taxes when you sell.

When you sell a property through a Charitable Installment Bargain Sale, you may be eligible for a Free Huntley Wealth of Memories DVD. Call 619-564-4873 for details.

Call 619-564-4873 today for a FREE NISS Proposal for your property.

Huntley Wealth and its representatives do not give legal or tax advice.  Information contained on this page simply reflects our understanding of the tax rules and regulations in effect at the time of publication.  Please consult your personal tax and/or legal advisor regarding the sale of an investment property as it applies to you.