... providing guidance for the marketing and acquisition of interests in realty since 1973


Contact

Gordon W Miller

Principal Broker

Vanguard Properties PLC

42 Severance Green Suite 306

Colchester, Vermont 05446

M: (802) 825-6952

O: 802) 876-7123

 


Mortgage Rates

National

Average Rate*
30-Year FHA Rate 6.09%
30-Year Fixed Jumbo Rate 6.81%
30-Year Fixed Rate 6.87%
20-Year Fixed Rate 6.62%
15-Year Fixed Rate 5.74%
* Conforming FNMA Loan Amount. Rates may include points.

Information updated: 11/29/2022

Local Weather
Burlington
33.35oF
overcast clouds
Humidity: 66%
Wind: 120 4.61mph

Vanguard Properties PLC, a boutique real estate brokerage agency, that provides guidance for the acquisition and marketing of interests in realty with a special focus on assisting clients of a highly appreciated asset with a significant Capital Gain liability to place the proceeds from the sale of the asset into a Trust with an annual yield of 5-6% while deferring any Capital Gain liability for 10-20+ years.

Any asset with over $1 million dollars of value, or Capital Gains liability, is eligible, including: commercial real estate holdings, retail/wholesale, industrial/construction, or family owned businesses, antiques/collectables, bitcoin holding, including a single family primary residence. Additional information is available at: https://mydstplan.com/vanguard or call/email the address provided below. 

Hypothetical Scenario - Primary Residence

Mr. and Mrs. Taxpayer want to sell the highly appreciated residential property that they have lived in for ten years:

Sales proceeds after commissions and closing costs . . . . . . . $4,000,000

Seller’s Original Basis: . . . . . . . . . . . . . . . . .$400,000

Mortgage Balance at time of closing: . . . . .....$300,000

IRC sec.121 exclusion: . . . . . . . . . . . . . . . . .$500,000

Seller’s adjusted basis: . . . . . . . . . . . . . . . .$900,000 (purchase price + section 121 exclusion)

Taxable gain: . . . . . . . . . . . . . . . . . . . . . . .$3,100,000 (net sales proceeds minus adjusted basis)

Federal Tax 20%

CA State Tax 13.3%

Medicare Tax 3.8%

Approximate Tax Due:. . . . . . . . . ..... . . . . . $1,150,100

Approximate Tax Due with a Deferred Sales Trust™ . . . . . . . . .$0  

Vanguard Properties PLC is committed to helping you acquire or market your real estate investment with the highest level of expertise in your local market. This means also to help you in understanding each step of the buying or selling process. This commitment level has helped me build a remarkable track record since 1973 of delivering satisfactory results to clients.

Whether you are an experienced investor seeking new opportunities, or desire to preserve your wealth and protect your estate, I can help you identify that investment or help defer your Capital Gains liability. Please feel free to contact me for a confidential discussion by calling (802) 825-6952 or e-mailing me to set up an appointment.