Avoid these mistakes

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Ken McElroy has been in the real estate industry for 30+ years and has over $1 Billion in real estate assets. What makes someone successful in this industry? And what can you learn from his 30+ years of experience?

Capital Gains Real Estate

Capital Gains Real Estate | Ken McElroy Image

Did you know that one of the benefits of owning real estate is that some of the income you generate can be taxed at a lower rate? This is called a Capital Gains Tax, and it applies to assets that you hold for more than one year. Currently, the capital gains rate is about 20% depending on the scenario.

There are four major ways that you can benefit from these rates.