Capital Gains & Tax Deferral
What a sale actually costs before you defer it with a 1031.
Capital gains on investment property, second homes, inherited property, and depreciation recapture, explained before an Aspen-area exchange decision.
Avoiding Capital Gains Tax on Real Estate
A look at the legitimate ways Aspen-area owners reduce or defer capital gains tax on a real estate sale, including where a 1031 exchange actually fits.
Read the guideCapital Gains Tax on Investment Property
How capital gains tax on investment property is actually calculated for Aspen-area owners, and the deferral options that apply before a sale closes.
Read the guideCapital Gains Tax When Selling a House
How capital gains tax works when a house sells in the Aspen area, why the answer changes based on residence versus rental use, and what relief applies.
Read the guideCapital Gains Tax on a Second Home
Why a second home in the Aspen area is taxed differently from a primary residence at sale, and what options exist to reduce or defer the resulting gain.
Read the guideThe Section 121 Primary Residence Exclusion
How the Section 121 exclusion works for an Aspen-area primary residence, its limits, and why it does not extend to rentals or second homes.
Read the guideCapital Gains Tax on a Rental Property Sale
What actually goes into the capital gains bill when a long-term Aspen rental sells, from depreciation recapture to the deferral options that apply.
Read the guideCapital Gains Tax on Inherited Real Estate
How the stepped-up basis rule changes the tax picture for inherited Aspen-area property, and when heirs still face a meaningful capital gains decision.
Read the guideWhat Is Depreciation Recapture Tax
A working explanation of depreciation recapture tax for Aspen-area rental and commercial owners, how it is calculated, and how it can be deferred.
Read the guideBefore the Sale
Bring the likely sale and replacement objective into one review.
Tax conclusions belong to the owner's CPA and counsel. We can help organize the transaction facts and the questions that need answers.