10 Strategies Riches Practice to Avoid Taxes
7. The Bountiful Loss
When you own multiple stocks, try learning about the tricks of minimizing the tax charges on the income you earn on them. For instance, some of your stock value gets appreciated and on the other hand some of your stocks incurred losses. You can avoid paying capital gains on the appreciated stock by simply selling them along with the poorly performed stocks.
8. The Friendly Partner
Here is a deal where you can sell your property without actually selling it or incurring taxes. As you have a $100 million worth income-producing real estate and it’s fully depreciated, so the tax basis is zero. This brings in a $.15 million capital-gains tax. To avoid this, approach a buyer who can forms a partnership in the property right. The buyer shall contribute cash or other property. On the basis of your partnership borrow loan from the bank using the property as collateral. This loan amount would be entirely kept by you and this amount shall not be treated as a sale. For tax purposes, you are technically not a seller, so any kind tax bill will be deferred.

