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
Great business opportunity in down town Washington. 3.17 Acres and retail strip plaza. Long terms tenants with leases. Please do not disturb the tenants.
Opportunity knocks! Huge historical CWE mansion, known as the Butler House, built in 1892.Currently zoned as commercial and residential. 2.5 Stories with grand staircases...
20 acres of Mixed Residential for sale in Imperial, MO, on Hwy 61/67 close to shopping, dining, & entertainment. Opportunity for New Single Family/ Multi-Family Construct...
PRIME DEVELOPMENT/INVESTMENT TRACT IN THE AUGUSTA WINE DISTRICT. THE FIRST VICTICULTURAL DISTRICT ESTABLISHED IN THE UNITED STATES IN JUNE 1980. 16.69 acres, more or les...
16 unit apartment complex for sale in Princeton Heights! Split between 2 buildings on 1 parcel with shared courtyard and dedicated off-street parking from the alley. Tota...
Solid commercial investment opportunity. This multi-tenant (100% occupied at time of listing) commercial property is situated just south of I-44 Exit 225. Visible from ...
This property is filled with endless opportunities. It is conveniently located off of a major highway and sits on the Missouri state line of St. Louis County and Madison ...
582 Goddard Ave was designed and developed by business owners in the Athletic Lettering Industry. It is an office-warhouse, manufacturing and distibution building. Built...
High visibility, High Traffic count. Located in St. Charles County, the fastest growing County in the St. Louis Metro Area. This natural property is located in Weldon Spr...
7.79 +/- Prime Commercial Acres at the long awaited new Interchange on I-70 in Wentzville. Folks, Saint Charles County is Booming, and within Saint Charles County, Wentzv...
Downtown Hillsboro shopping center with 6 bays including anchor store (unoccupied). This plaza currently has 3 open bays and 3 occupied bays. Built in 2006, this property...
30 Prime Commercial Acres at the long awaited new Interchange on I-70 in Wentzville. Folks, Saint Charles County is Booming, and within Saint Charles County, Wentzville i...
Turn-key Automotive Facility available for purchase. Property includes Automotive Showroom, Office, Service and Warehouse space. Five (5) Drive-In doors with multiple Ser...
Renovated in 2008. 2019 Utilities were $11,449.00. See Listing agent for 2018, 2019, and 2020 year-to-date expenses.
8.5 acres for rezone. Meramec Station stoplight signalized intersection crosses 8 lanes of traffic, already aligned for a new development entrance without time and money...
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 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...
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...
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 ...
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...
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.
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...
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 gorgeous rooftop views of both the stadium and the Arch. Rezoned mul...
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
26,000 sq Ft office warehouse completely updated with a new addition in 2004. 16,000 sq Ft of warehouse space, 13 feet clear ceiling height, 1-12X12 Dock, 1-12X12 Driv...
Great Location at the corner of Old Highway 94 and Muegge Rd. Perfect for Gas Station, Bank, Restaurant, Fast Food, Medical, Grocery Store, Auto Repair, Pharmacy, Office ...
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