Expert Tips for Home Buyers & Sellers

Our mission at The Ihara Team is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Monday, October 17, 2016

How Much Tax Are You Paying on Your Investment Property?




FREE 1031 EXCHANGE SEMINARS

Not sure what to do with your investment property? If you sold your investment property, did you know that you could be liable for capital gains taxes if you did not successfully execute a 1031 exchange? Did you know that the state of Hawaii will charge you a longer-term gains tax of up to 7.25% and that the federal government will charge you up to 20% on the gain in the sale of real estate? In addition, if your adjusted gross income is greater than $400,000 that tax year, the government will add another 3.8% onto that!

This means that you could be liable for up to 25% to 30% in capital gains tax on gain from the sale of your investment property. Wow—that’s a lot! Are you thinking that maybe your investment property could be underutilized or not performing at its peak? Would you like to relocate your investment properties and increase its return? Would you like to create a legacy with your investment properties but aren’t sure how to do it? To learn more about these tax-saving strategies, sign up for one of our 1031 exchange seminars.

The Ihara Team has been conducting free 1031 exchange seminars for 10 years and has helped dozens of clients successfully defer their capital gains taxes, increase the value of their portfolios, and helped families reach their financial goals through real estate.

At our 1031 exchange seminars, you’ll learn:

1.    The mechanics of successfully executing a 1031 exchange.

2.    Current trends in the real estate market.

3.    How to improve the value of your asset.

4.    The best practices in managing your rental properties.

5.    How to create a legacy with your investment properties.

6.    How to create wealth through real estate.

If you’re interested in learning how you can better manage your real estate investments, then you’ll want to attend one of our seminars.



If you have any other questions about Honolulu real estate, please don’t hesitate to give us a call or send us an email today. We’d be happy to help you!