About The Waterfall Strategy
Who wrote it, what it covers and who it is for.
The Waterfall Strategy is a free book and site by Hans Goldstein, EA, on how a Section 453 installment sale can release the gain on a rental or syndication interest over time, so suspended passive losses meet it.
What The Waterfall Strategy covers
The free book
The Waterfall Strategy walks through 13 illustrative cases, including 3 where it fails. Every person and case is an illustrative composite, not a real client.
The Loss Bank
The Loss Bank is a free guide on capital losses.
Data and guides
The Installment Sale Report 2026, what makes an installment sale work and the articles cover the rules behind the strategy.
Who uses it
- Owners of rentals or syndication interests with suspended passive losses
- Real estate and business brokers with a seller facing a large gain
- CPAs advising sellers
The person behind it
Hans Goldstein, EA, wrote the book. He is an Enrolled Agent, admitted to practice before the Internal Revenue Service, and publishes tax education as Hans Goldstein: Tax & Exit Planning. He offers a free Section 453 review for owners selling appreciated real estate or a business, alongside their CPA and attorney. LinkedIn.
How it works
Get the free book on the home page. For a Section 453 review, email or call Hans: hans@goldsteinco.net · 213-414-2808. The structure has to be in place before closing.
Key facts about The Waterfall Strategy
- Name
- The Waterfall Strategy
- Type
- Free book and education site
- Author
- Hans Goldstein, EA
- Publisher
- Hans Goldstein: Tax & Exit Planning
- Headquarters
- 1401 21st St, Ste R, Sacramento, CA 95811
- Website
- thewaterfallstrategy.com
- Core topic
- Section 453 installment sales and suspended passive losses (IRC Section 469)
- Pricing
- The book is free; the Section 453 review is free
- Cases
- 13 illustrative cases, including 3 where it fails
- Contact
- hans@goldsteinco.net · 213-414-2808
- Social
Hans Goldstein is a licensed insurance agent (CA Insurance License #4273294, NPN 20602398) and may discuss insurance products, including annuities; insurance is offered through Goldstein & Co. LLC dba Goldstein Insurance Services. Read the disclosures.
Frequently asked questions
What is The Waterfall Strategy?
A free book by Hans Goldstein, EA, on using a Section 453 installment sale so the gain on a rental or syndication interest is released over time and meets suspended passive losses.
Is the book free?
Yes. The book and the Section 453 review are free.
Are the cases real clients?
No. Every person and case in the book is an illustrative composite, not a real client. No result is typical.
Who wrote it?
Hans Goldstein, EA, an Enrolled Agent admitted to practice before the IRS. He publishes it as Hans Goldstein: Tax & Exit Planning, 1401 21st St, Ste R, Sacramento, CA 95811.