Tag: defer the 3.8%

Looks like you can defer that 3.8% in your exchange.

Source : http://firstexchange.com/January2013Newsletter   There has been some question as to whether taxpayers could use a §1031 exchange to defer the new 3.8% tax on investment income.  The IRS has issued proposed regulations that answer the question with a resounding “Yes”. The new tax is an additional 3.8% tax on “unearned income” which is generally defined…
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