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If capital gains taxes are increased will there be a sell off of real estate at the end of the year?
January 07, 2010 02:12PM
January 07, 2010 at 2:43 pm, Anonymous said:
Do you mean capital gains taxes??
January 07, 2010 at 2:50 pm, Anonymous said:
why a sell off? who is making money in real estate now anyway?
January 07, 2010 at 3:11 pm, Anonymous said:
With prices down 30%, 40% and so on, I don’t see how an upcoming tax increase would be the motivation to sell finally.
January 07, 2010 at 3:13 pm, Anonymous said:
is the point that people can offset their stock gains with real estate losses? this probably assumes that people have made money in the stock market. given that 2000-2009 was the second worst decade in the stock market’s history, that is a big assumption.
January 07, 2010 at 3:30 pm, Anonymous said:
@#3: I’ve never made more money in the stock market as I did in 2009. Probably more than in the previous 9 years combined.
January 07, 2010 at 4:16 pm, Anonymous said:
You will probably see an increase in 1031A deals otherwise I think property owners are still hurting and if they have hung on this far, I don’t see any incentive the start off loading real estate in what could be another bleak year.
January 07, 2010 at 6:10 pm, Anonymous said:
if it does change, it will simply change back when a republican is in the white house again…. what’s the big deal?
January 07, 2010 at 8:50 pm, Anonymous said:
I don’t think it would change anything, as smart investors will 1031 their money into various vehicles…
January 07, 2010 at 9:41 pm, Anonymous said:
The goal of this is definitely to increase the government tax revenue; but this burden will be taken by the homeowners anyway… or may be avoided by sorts of strategies. For the sales volume, not much affect I think.