Certain maneuvers allow you to exit from a highly appreciated stock position while delaying or avoiding the tax. But look closely at the drawbacks.
How do you diversify away from a concentrated stock position without getting killed by capital gain taxes? There are a dozen ways to skin this cat.
A companion story, Smart Tax Strategies For Dealing With A Big Capital Gain , looked at several of the more commonly used strategies. Herewith are six additional recipes for deferring or avoiding taxes while exiting a stock market winner. Closing out this survey is a list of strategies that don’t work.
1. Join an exchange partnership.
This long-standing…
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