The Deferred Sales Trust is a tax strategy that allows you to sell your property and defer your capital gains taxes by reinvesting the proceeds into an irrevocable trust. This trust is managed by a third-party trustee, who invests the funds on your behalf in a diversified portfolio of assets including real estate.
With the Deferred Sales Trust, you can:
Maximize your profits: By deferring your capital gains taxes, the trust can reinvest the full proceeds from the sale of your property into other income-producing assets, allowing you to maximize value and increase passive income.
Minimize your tax burden: By deferring your capital gains taxes, you can avoid the high tax bill that would normally come with selling your property, giving you more flexibility to reinvest your funds and make strategic financial decisions.
Maintain control over your assets: With the Deferred Sales Trust, you retain control over your assets and can decide how and when you want to reinvest your funds. This gives you the freedom to make strategic investments that align with your financial goals inside of the trust.
The Deferred Sales Trust has many benefits, and we are happy to introduce you to a certified professional in the industry. They will work hand in hand with your trusted tax advisor to ensure success.