Latest / Tax Smart Real Estate Investors Podcast
389. Don't Sell Your Land Until You Know This IRS Rule (It Could Cost You 6 Figures)
Many real estate investors assume that holding land for several years automatically qualifies them for favorable capital gains treatment. Unfortunately, that's not always true. In this episode, we break down one of the most misunderstood areas of real estate taxation: dealer status. You'll learn how the IRS determines whether your land is an investment or inventory, why intent alone isn't enough, and how seemingly small decisions before a sale can dramatically impact your tax bill. We discuss the seven factors courts use to evaluate dealer status, real-world tax court cases, why 1031…
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