One of the big concerns of real estate investors is called Capital Gains Tax.
When a property is purchased, the cost of the property plus expenses are called the 'basis' cost of the property.
During the period of ownership, the basis can be adjusted up based on expenses incurred, like home improvements, or down due to claiming depreciation on income tax. This adjustment is called the adjusted basis.
Upon the subsequent sale of the property, if the net gain on the property exceeds the adjusted basis, Capital Gains taxes may be required on that gain amount, and can be handled in various ways. Portions of the gain can be excluded from capital gains tax. A person's main residence may not require payment of capital gains taxes The most central issue is whether or not the property was owned for the short term (1 year or less), or the long term (over 1 year).
Short term capital gains are normally taxed at the normal income tax rate based upon your tax bracket, which is a higher amount than what is required for long term capital gains. Long term capital gains are taxed at a rate between 8% and 20%.
This page is meant to introduce the topic of capital gains taxes only, because people always ask about it. For a complete understanding, visit the IRS website and read instructions for Schedule D, Capital Gains and Losses,
or consult a financial planner, tax advisor or CPA.
*** rates valid in 2014
Renovated in 2008. 2019 Utilities were $11,449.00. See Listing agent for 2018, 2019, and 2020 year-to-date expenses.
(NINE HOMES) 8.5 acres for rezone / Highest elevation 620+ft (no flood zone). Hilltop area is redevelopment overlooking Hwy 141 just south of Manchester Rd; Includes M...
This 14,360 sf brick exterior, low maintenance office building is demised with floor plans for medical offices, professional services, and /or general offices & is availa...
Newly rehabbed and turn-key investment opportunity in Maplewood! This 27-unit apartment complex is ready has been extremely well-maintained. Call broker-owner for detai...
The opportunity you have been waiting for! This highly desirable lot in Old Town Clayton is ready to be sold and affords the Buyer so many options. The lot is 50 x 162 an...
Land Visibility from Highway 21 and Highway A. 2,698 road frontage on Old Highway Missouri 21. City water and City sewers on property. Perfect for a restaurant or apartme...
This property has many potential uses, It has a 20731 +/- sq foot building with multiple uses. Great for a truck line for warehousing and parking, could be used for a lar...
This offering represents an opportunity to acquire a 38,413 Square Foot Retail property. The property is currently occupied by one tenant, Dollar General, which occupies...
Welcome to your own private oasis located off Highway 100/Manchester Road in the much desired municipality of Wildwood in St Louis Co, MO, & adjoining Rockwood Reservatio...
Professionally Managed 12 unit apartment building on Lindell right across the street from Saint Louis University, and RIGHT next door to the MOOLAH LANES. This property c...
This fantastic investment opportunity was completely renovated in 2018 with (22) 1 bedroom apartments! Newly renovated common areas, new parking lot, all apartments have...
Outstanding opportunity with the perfect location! This sale is for purchase of land, commercial building and complete business-all inventory at time of offer is negotiab...
Two parcels: 5.6 acres plus 0.13 acres with 458 ft frontage at 515 Main Street. Both parcels zoned OT-1 Olde Towne Historic, but adjacent to commercial property zoned O...
FULLY LEASED!! Excellent income property with return on investment of 8.26%! Leases expire in 2-5 years. Full brick professional building with lower level walkout. Bu...
*** GREAT PRICE & NOW VACANT *** SUPER GREAT BUSINESS LOCATION & OPPORTUNITY *** US HIGHWAY 50 FRONTAGE *** ZONED B-2 HIGHWAY BUSINESS DRISTRICT *** 2..09 ACRES TOTAL **...
Own a piece of Normandy history. The City has outgrown this space and is moving out. This is a great opportunity for a developer, investor, or entrepreneur. Would make a ...
Beautiful building approxximately 10,000 sq ft. Great location with high traffic count, 2 acres at corner light of Mid Rivers Mall and Willott. The main level has a recep...
THIS IS A HIGHLY UNUSUAL AND DIFFICULT TO FIND WAREHOUSE FACILITY OR MANUFACTURING 35,000 tenable space plus 1,400 sq.ft Modular office (not part of 35,000 sq. ft) 16ft....
Multiple building apartment complex, with single family home. Additional lots approved by city of St. Clair for 8 additional buildings. Older buildings had new roofs, si...
GREAT INVESTMENT OPPORTUNITY!! 1031 EXCHANGE 8% CAP RATE All brick single story office building located within Phoenix Village Office Park at WingHaven. This 4994 SF buil...
A viable 5.56 acre tract of land at the corner/intersection of West Meyer Road and North Point Prairie.Currently unincorporated St. Charles with possibility to annex into...
This is a high quality multi-tenant office/warehouse and service center building, with one full (corner) office suite, and six other suites with variable office and varia...
3 access...Hwy 94, Nahm Rd & Schindler Rd. Public water available. Owner will consider dividing. One of a kind find.
Investment Property For Sale. Excellent Opportunity for Owner User with built in Tenants. Approximately 12, 116 sf Multi-Tenant Office Building Situated on .82 acres. Pr...
Publicity Building in Downtown St. Louis now available for Sale. The 5-story, 28,122 Square Foot building is ready for redevelopment. The floor plates (which measure ...
Excellent traffic counts (49,476 on I-44; 15,210 on Hwy 100; 4,152 on MO Hwy AT). Visible from I-44 with almost one mile of I-44 frontage. Located within Unincorporated...
Great opportunity available! 122.84 Acres of I-2 heavy industrial land located in the corridor of O'Fallon, Missouri in a perfect location. This tract of land offers a va...
AKA-The Russell House/Inn/Brewery is now available for purchase.Situated on 4.45 acres in the "Heart of Jefferson County," Hillsboro Mo.Extensive Renovations, and additio...
Building and Parking Lot. This is Soulard Preservation Hall. Event Space / Restaurant / Office / Bar / Venue / Micro Brewery. Located 3 blocks south of Soulard Market on ...
125 Spectacular acres in the heart of Wentzville. Commercial possibilities on Hwy Z & Hwy N. Private, gated entrance, this rare find includes a custom executive Stone hom...
Location, location, location! Just four blocks from Bush Stadium and at the north end of Soulard. With rooftop views of both the stadium and the Arch. This building has t...
ALL PARTIES UNDERSTAND THAT THE HOUSE AND ALL OUTBUILDINGS ARE BEING SOLD "AS IS". NO REPAIRS OR WARRANTIES. commercial site
Class A office building in great condition with convenient location!! Easily accessible off of Lindbergh near the intersection of I-55 and Lindbergh. Building has nice ...
*These TWO Parcels could be sold TOGETHER OR SEPERATED. Locator Number 23T44053 AND Locator Number 23T440383 Sales *Price for both Parcels is $4,700,000. *Two Parcel lo...
This is a once in a life time to own 14.17 acres in Chesterfield Valley,Priced for the land at $5/sq.ft. the buildings are thrown in for free.This is an operational nurse...
10.67 Acre Development Site with an additional 6.5 acres contiguous and available. Unincorporated St. Charles County Located directly across from General Motors Pla...
Prime property located at the intersection of I70 and Hwy A interchange in Wentzville. Located just over 1 mile to General Motors plant. Totaling 63+/- acres of gently ro...
Great Opportunity - 38+/- acres located near Industrial tract
4132 Shoreline Drive is a 100% Occupied, Stabilized Investment Opportunity. This Multi-Tenant Office/Warehouse Property is Offered at an 8% Cap Rate. The Sale includes ...
DEVELOPMENT POTENTIAL JUST OUTSIDE FLINT HILL & LESS THAN ONE MILE FROM NEW ROUNDABOUT ON HWY 61 & HWY P EXIT! Location just doesn't get much better than this! Seldom d...
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