Edmund & Wheeler

Edmund & Wheeler, Inc. specializes in assisting clients in strategies surrounding the implementation of Section 1031 of the US tax code. Section 1031 is a powerful way to defer capital gains taxes when you sell your real estate assets. As long as you stay in the real estate class, and don't touch the money, you can utilize your tax money to enhance and build your wealth. Many of our clients consider cashing out of some (or all) of their real estate and retargeting their cash into other investment classes. We hear consistently clients tell us their professionals are advising; "Oh, go ahead and pay the tax, capital gains rates are so low at only 15%". While diversification is always a good idea, our clients first must realize that capital gains rates on real estate are composed of many different areas of taxation, and can often reach over 40% of the net gain when selling real estate depending on several factors, and the location of the real estate. There is no doubt that the stock market has been a thing of wonder for the last 5 years. It has come to a point where clients are starting to express real concern over what they perceive to be an inevitable decline. Here is a current article (republished by permission) that discusses 5 reasons why US investors are dumping stocks.