Re: Important tax break

From: Brian Atkins (brian@posthuman.com)
Date: Sat Jul 22 2000 - 18:33:44 MDT


Just to reply to myself, I did some further research and it appears that
back in 1997 they eliminated rollovers in real estate, so I think rolling
over your stocks into small biz investing is the only way I know of to
avoid capital gains.

Brian Atkins wrote:
>
> I thought that for rolling over into real estate you could only avoid
> capital gains on real estate you sold, not stocks.
>
> i.e. you can avoid real estate capital gains by rolling over into new
> real estate, or you can avoid stock capital gains by rolling over into
> new investment stock, but those are the only two possibilities.
>
> "Michael S. Lorrey" wrote:
> >
> > Brian Atkins wrote:
> > >
> > > You can escape capital gains on stock sales by rolling over the cash into
> > > an investment in a small company:
> > >
> > > http://www.forbes.com/forbes/00/0807/6604134a.htm
> >
> > You can also do so by rolling the money over into real estate or into
> > oil exploration.



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