Wick & Trautwein, LLC
Call Today
Local
970-237-5694
Toll Free
866-686-1410
Broad Based Experienced Legal Help Since 1972

Creative Solutions, Exceptional Results

The law firm of Wick & Trautwein, LLC, has a long history of partnerships with the people and businesses of northern Colorado and southern Wyoming

Sell Investments and Real Estate before the end of 2012?

Because of the new 2013 Obamacare taxes, should you sell real estate and other investments in 2012? Perhaps, but it depends.

Here are the new taxes to pay for Obamacare:

A 3.8% surtax on "investment income". Investment income includes Capital Gains, Dividends, Interest, Rent, House Sales, Annuities, Partnerships, etc. This tax applies when your adjusted gross income exceeds $200,000 ($250,000 for joint filers).

Further, Capital Gains taxes which are currently about 15% may increase to 20 or 25% next year as the Bush Tax Cuts expire. Therefore an individual could incur capital gains of up to 28.9% next year (25% plus 3.8% surtax).

Many individuals are therefore selling investments and selling real estate before the end of this year.

Written by Robert J. Penny.

Watch More Videos

We Take Your
Emails Seriously

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Wick & Trautwein, LLC BBB Business Review
FindLaw Network
Firm Locations
Wick & Trautwein, LLC
323 South College Avenue #3
Fort Collins, CO 80524

Phone: 970-237-5694
Toll Free: 866-686-1410
Fax: 970-482-8929
Fort Collins Law Office Map
Wick & Trautwein, LLC
513 Big Thompson Ave
Estes Park, CO 80517

Located in Lower Stanley Village
Phone: 970-586-3505
Fax: 970-586-3269
Estes Park Law Office Map

Windsor Office
(by appointment only)
421 Main Street
Windsor, CO 80535
Toll Free: 866-686-1410
Map and Directions