A charitable remainder trust sells your appreciated asset with no tax at the sale, then pays you back over as long as 20 years while you pay the tax as the money arrives. The catch is that at least 10% of the value has to leave for good, and S corporation stock cannot go in at all.
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Washington taxes an RSU vest at nothing, because it has no income tax. Utah taxes every tranche that vests after you arrive at 4.45%, on all of it, with no credit to claim because Washington never charged you anything to credit.
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New York's convenience-of-the-employer rule treats the days you work from your house in Utah as days worked in Manhattan. Utah taxes the same wages as resident income, and the credit that is supposed to fix that stops at 4.45%.
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Trading a 13.3% top rate for a flat 4.45% is the reason most people make this move. California still computes your rate on income it cannot tax, and still owns a share of every share you were granted there.
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Utah taxes the part of the year you were here, and the schedule that decides how much is TC-40B. The number most people get wrong is Column A, and the credit they expect to rescue them usually pays nothing.
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Rev. Rul. 2004-86 lets a beneficial interest in a Delaware statutory trust stand in for the rental you sold, which is how an investor defers a $925,000 gain without screening another tenant. The treatment survives only if the trustee is stripped of seven specific powers.
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Buy 25% of an LLC for $1,000,000 and your K-1 can still depreciate the seller's 2004 basis. A section 754 election creates an $800,000 basis adjustment that belongs to you alone, and it has to ride on the LLC's return for the year you closed.
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A high-income parent gets no marketplace subsidy. The 23-year-old on the same policy, earning $24,000, can claim a premium tax credit computed on 99% of the family's benchmark premium. In 2026 that is $26,285, refundable.
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A self-directed IRA can borrow to buy a rental, and the loan is what makes the deal partly taxable. On a 2026 sale with $219,000 still owed against a $316,400 average basis, 69.2% of a $273,800 gain is taxable to the IRA and costs $40,880.
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A 30% member sells for $1,500,000 expecting $1,200,000 of capital gain. Section 751 hands him $420,000 of ordinary income instead, sized off the LLC's balance sheet rather than the purchase agreement. In 2026 that carve-out costs $71,400.
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A fake trading platform and a fake ransom take the same $330,000. One loss comes off the return in full, the other comes off nothing. The difference is §165(c)(2), and in 2026 it is worth $65,068.
Read postTwo traders run the same S&P 500 strategy. One trades the index, one trades the ETF, and the federal rate on identical profit is 26.8% against 37%. On $200,000 of gain that difference is $20,400.
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