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Donjmitchell

Donjmitchell


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Donjmitchell information

I have been a real estate professional for over 20 years; I'm dedicated to helping sellers of highly appreciated property protect their wealth. As an authority in both residential and investment property tax deferral, my focus is to help clients preserve as much of their equity as absolutely possible at the time of sale.My inspiration is from an often asked question from clients who are looking to...
I have been a real estate professional for over 20 years; I'm dedicated to helping sellers of highly appreciated property protect their wealth. As an authority in both residential and investment property tax deferral, my focus is to help clients preserve as much of their equity as absolutely possible at the time of sale.My inspiration is from an often asked question from clients who are looking to sell personal and/or investment RE and are unable to due to a sizable tax problem they will be faced with. After substantial research, an IRS approved solution was found and the end result zero taxes were paid.From this experience, I have continued to educate myself on varying methods sellers can employ to minimize or eliminate their capital gains tax liability due upon sale. Ever since, i have been an enthusiastic advocate of these strategies and worked hard to educate my clients so they can reap the benefits of utilizing the tax strategies.I believe in selling highly appreciated assets is a team sport. To complement my real estate services, I maintain a database of tax and legal professionals, appraisers, financial planners and retirement specialist who bring their particular areas of expertise to help my clients to reach their financial goals.My experience has taught me that sellers of highly appreciated assets have 3 choices: 1) Pay the tax at time of sale. 2) Keep the asset. 3) Use an IRS approved mechanism for deferring the tax until a later date. Generally, deferring the tax enables sellers to move forward with their plans while maintaining their equity position. Often, tax deferral is the preferred choice. Call me for more information and let's see how I can be of help to you. 408-823-3794

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Donjmitchell's financial review

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