Podcasts about capital gains

In this episode of the Retirement Planners of America Podcast, Ken Moraif breaks down the often-misunderstood world of capital gains taxes—what they are, how they differ from ordinary income taxes, and why they play a critical role in a smart retirement strategy. Joined by co-host Jeremy, Ken explains how proper tax planning can help your money last longer by minimizing the taxes you pay on investment income. Learn the difference between IRA, non-IRA, and Roth IRA accounts—and how the order in which you draw from them can significantly impact your financial future.RPOA Advisors, Inc. (d/b/a Retirement Planners of America ) (“Retirement Planners of America”, “RPOA”) is an SEC registered investment adviser with a primary business location in Plano, Texas. Registration as an investment adviser is not an endorsement by securities regulators and does not imply that Retirement Planners of America has attained a certain level of skill, training, or ability. The “Invest and Protect Strategy” (the “Strategy”) refers to a strategy that Retirement Planners of America fundamentally employs for its clients. Retirement Planners of America previously employed a similar strategy that it referred to as the “buy, hold, and sell” strategy or “buy hold, and protect” strategy. These videos are presented for informational and educational purposes only and should not be construed as personalized investment, financial, or tax advice. Opinions expressed herein are solely those of Retirement Planners of America as of the date of publication and are subject to change without notice.Investing involves risks, including possible loss of principal. Past performance discussed in these videos is no guarantee of future results. Indicators such as the yield curve, building permits, investor sentiment, and credit conditions discussed herein are used for illustrative purposes only and are not reliable predictors of market performance or economic conditions.Viewers should consult their own financial, tax, or investment professionals before making investment decisions. Any reference to specific market events or historical examples is for context only and does not imply an assurance of future results or performance.For more detailed information about Retirement Planners of America's services, investment strategies, and risks, please review our Form ADV Part 2A, available upon request or at adviserinfo.sec.gov.

In this special episode, we catch up on a backlog of insightful listener questions—covering everything from estate planning and Social Security taxation to Roth conversions and Medicare rules. If you've been wrestling with real-world retirement planning decisions, you're not alone. Today's episode delivers practical answers to the kinds of issues many people face but few have clearly explained. We tackle: IRMAA and Social Security Taxation – Does IRMAA include Social Security income if it's not taxable? Capital Gains on a Vacation Home – Should you delay estate planning until after the sale of a property? What about the "2 out of 5 years" exemption? Paying Inheritance Taxes – If all your accounts list beneficiaries, how will state inheritance taxes (like Pennsylvania's) get paid on time? Step-Up in Basis with TOD Deeds – In Oklahoma, does property with a Transfer on Death deed still receive a step-up in basis? Impact of Home Sale on IRMAA and Roth Conversions – How does selling a vacation home affect your income-based Medicare premiums and Roth conversion strategies? Medicare Enrollment Rules at Age 65 – Are you legally required to enroll in Medicare at 65 if not on a qualifying employer plan? Trusts and Anonymity – How can you use estate planning tools while keeping your affairs private and self-directed? Probate Friendliness by State – Which states make probate easy, and which ones almost demand a trust-based plan? Inherited IRAs and Roth Conversions – Can a beneficiary convert inherited IRA funds into a Roth IRA for future tax-free growth? If you've ever had a nuanced question about retirement or estate planning, chances are someone else has too—and we're tackling them head-on in this packed Q&A episode. Although this show does not provide specific tax, legal, or financial advice, you can engage Devin or John through their individual firms. 

What should you do when the asset allocation of your retirement portfolio drifts? Joe Anderson, CFP® and Big Al Clopine, CPA spitball on rebalancing for DJ in St. Louis, today on Your Money, Your Wealth® podcast number 530. Plus, Coach Dobber in Minnesota is curious about municipal bonds in a brokerage account, and Daniel in Stevensville, Michigan needs details on emergency funds. Also, can Tim the Enchanter do a Roth conversion and avoid the nasty big pointy teeth of capital gains tax? And, Duke in upstate New York told his wife they need 6 million dollars in retirement, and she said he was silly. What say Joe and Al? We'll find out. Free financial resources & episode transcript: https://bit.ly/ymyw-530 ASK Joe & Big Al for your Retirement Spitball Analysis SCHEDULE your Free Financial Assessment SUBSCRIBE to YMYW on YouTube DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter Timestamps: 00:00 - Intro: This Week on the YMYW Podcast 00:47 - Rebalancing Asset Allocation of US Stocks, International Stocks, and Bonds (DJ in St Louis) 07:21 - Can I Do a Roth Conversion and Have No Cap Gains Tax? (Tim the Enchanter, FL) 15:44 - Watch Financial Planning at Every Age on YMYW TV, Download the Retirement Readiness Guide for free 16:41 - Municipal Bonds in a Brokerage Account: Good Idea? (Coach Dobber, MN) 22:48 - Told My Wife We Need $6M to Retire in 20 Years. She Say's I'm Silly. (Duke, upstate NY) 27:09 - Calculate your Free Financial Blueprint, Schedule your Free Financial Assessment 28:54 - What Is an Emergency Fund and How Much Should I Have in It? (Daniel, Stevensville, MI) 36:00 - YMYW Podcast Outro

In this podcast, we have Troy Constance, the CEO of Sprout Ag, a finance brokerage firm. Troy is a fountain of knowledge on how financing and refinancing. So we picked his brains on financing, succession planning, interest rates and the planned unrealised capital gains and how it could impact farms.  Andrew also talks about his experience of picking up hitchhikers on the weekend.

Watch the webinar on the Rockefeller Method now: https://shorturl.at/14eAL SIGN UP FOR OUR LIVE MONTHLY WEBINAR: https://www.controlandcompound.com/live-webinar On today's episode, we're asking a question that a lot of us don't want to ask: “What happens to my business when I die?” And more importantly, what do you need to know about death and taxes in Canada when it comes to your business. Darren and Christina break it all down including RRSPs, capital gains, corporate real estate, and of course utilizing life insurance in your tax planning. They also go through a great real world example and finish with a quick summary of how the Rockefeller Method works. Tune in now! Show notes: 00:00 - Introduction 1:20 - Understanding death and taxes in Canada 7:15 - RRSPs and capital gains 9:50 - Corporate real estate 12:05 - Life insurance as part of tax planning 16:20 - Example of an entrepreneur who started a business from scratch and after 20-30 years, the business is worth 10 million and the entrepreneur passes away… what happens next? 25:30 - Non-tax considerations 30:20 - The Rockefeller Method BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

We are 5 months or so away from the budget this autumn but already positions are being staked out. For its part, the government has already said there won't be as many giveaways as last autumn due to the tariff war and global uncertainty. But already some sectors are setting out their wish list. Deloitte says Capital Gains taxes are too high and a disincentive to invest here. It also wants AI and decarbonisation tax credits. To discuss this and more Joe was joined on the show by Daryl Hanberry Partner and Head of Tax & Legal for Deloitte.

The re-elected Albanese government is offering to effectively cut the price of home batteries for solar by half. That's on top of the generous tax incentives it has already rolled out for electric cars: It's time to cash in on the greening of Australia. In today's show we cover The new federal incentive to cut home battery costs in half How to have a fully tax deductible electric car Renting your home and Capital Gains tax Is the deeming rate now 'deemed' untouchable? James Gerrard of www.financialadviser.com.au joins Associate Editor- Wealth, James Kirby in this episodeSee omnystudio.com/listener for privacy information.

In this episode of Coffee With Your Retirement Coach, Aaron, Nic, and Randy explain how to avoid operating out of fear and sticking with your plan amidst market volatility. They discuss overcoming financial fears, the value of knowledge and confidence, and the need for a comprehensive approach that includes tax planning and estate considerations. Listen to learn how to stick to the plan instead of being a big chicken! 00:00 Introduction: Facing Financial Fears 00:28 Meet the Hosts: Nic, Randy, and Aaron 00:59 The Importance of a Solid Financial Plan 01:58 Navigating Market Volatility 03:01 Retirement Planning Essentials 04:32 Understanding Market Pullbacks 06:48 The Role of Confidence in Investing 13:32 Beware of Financial Product Pitches 20:08 The Value of Diversification 22:19 Tax Strategies for Low Rates 22:57 Capital Gains and Market Opportunities 24:23 Diversifying Taxes and Investments 25:20 Retirement Tax Myths 31:49 Estate Planning Essentials 39:04 Taking Action and Enjoying Retirement 42:23 Final Thoughts and Encouragement *Episodes We Mentioned* Luck Is Not a Plan: https://youtu.be/IL-YLSklXPY?si=bd0NN5dPPJlaB_h1 Thank you for listening. If this episode resonated with you, please share it with someone who might find it helpful. Reach out with your thoughts or experiences—we'd love to hear from you. Have a question for the coach? Send it in to connect@yourretirementcoach.com Connect with us on Facebook: https://www.facebook.com/profile.php?id=100063585099972 Your Retirement Coach is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and, unless otherwise stated, are not guaranteed.  Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

In this episode, we discuss the age-old question: should you invest for cashflow or capital gains — and which one will actually make you more money over time?You'll learn:The pros and cons of each strategy, including real-life numbersWhen to focus on growth vs income (depending on your stage of life)And how the wrong strategy could slow down your long-term wealth goalsTo figure out which investment path check out our Epic Guide to property investment in NZ.For more from Opes Partners:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the weekly Private Property newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠

In this episode, John Harcar interviews Johnny Perez about strategies for real estate sellers to avoid capital gains taxes. Johnny shares his journey from the Marine Corps to the finance and insurance industry, emphasizing the importance of leveraging expertise and relationships in business. The conversation delves into the concept of capital gains, common mistakes sellers make, and effective strategies like the Deferred Sales Trust to mitigate tax liabilities. Johnny also discusses the pros and cons of these strategies and offers insights for real estate agents to enhance their services. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode, Ron Apke is joined by his personal accountant, Ashish Acharya, to break down everything land investors need to know about taxes and how to legally minimize your tax bill. Whether you're just getting started in land flipping or already scaling your business, this is a must-watch conversation that could save you tens of thousands in taxes every year.They cover key questions like: Should you get an LLC? When do you switch to an S-Corp? Plus, they explain how reinvesting your land profits into other real estate (like short-term or long-term rentals) could save you up to $100K in taxes.If you're flipping land and not thinking about taxes, you're doing it wrong.================================ 

Delay Your Taxes Even Longer...  ... is something that almost everyone wants to do A 1031 Exchange is something that I have spent a lot of time on over the years Its a tax strategy used when selling a property that allows the seller to defer (delay) the tax due until a subsequent sale has been completed this allows them to put more of the money to work and pay the taxes somewhere down the road I have discussed it in a number of forums recently in the spirtit of contribution to the real estate community there is another layer that can be added when a seller decides that they want to take their profits and use them for something other than a real estate purchase let's suppose that you have a need for some of the money now but not all of it right away and what you would really like  is to have an income from the sale for 10, 20 or even 30 years you could "become the bank" and finance the purchase for your buyer they would give you a down payment and make monthly payments just like they would if they got the money from their bank the difference is that you receive installments each month and would only pay tax on what you receive in a year based on your cost basis and profits from the sale which allows you to spread out the tax due for many years you should definitely talk to your tax planner before you make any moves like this but for some sellers and investors this is the exact right strategy today's show walks you through a number of scenarios

Are you unconsciously spending on things that don't matter? In this episode, Brian and Hans tackle one of the most common questions they receive from clients: "How do I find money to fund my IBC policy premium?" Together, they explore practical strategies for identifying suboptimal capital in your economy and shifting how you think about premium payments entirely.Their candid conversation reveals how most Americans are managing cash flow without intentionality, letting dollars slip through their fingers. As Brian points out, "The money comes into the account, the money goes out, you don't know where it went." This unconscious approach to finances creates a significant opportunity for those willing to analyze their spending patterns.We discover why understanding your current financial patterns is the crucial first step to taking control of your banking function. Hans reminds us that "more than the dollars, the control is what's valuable here," highlighting that the real power of implementing an Infinite Banking Concept system lies not just in wealth accumulation, but in the financial freedom it provides through intentional money management.Unconscious Spending Habits: Most people are unknowingly spending at least 10% more than needed on things that don't truly matter. Brian and Hans discuss how analyzing your spending patterns for just a few months can reveal significant "found money" without sacrificing your quality of life or adopting extreme frugality.Reimagining Premium Payments: Unlike other types of insurance, whole life policy premiums should not be viewed as expenses but as wealth transfers. The paradigm shift is recognizing that these dollars will return to you either through cash value access during your lifetime or as a tax-free death benefit to your family later, completely changing how you approach funding decisions.Strategic Funding Sources: The conversation explores multiple places to find premium dollars, including: converting your emergency fund to a more efficient vehicle, optimizing other insurance deductibles, redirecting investment capital gains, repurposing qualified retirement funds, and capturing "excess flows" like bonuses or social security cap savings.Taking Control Through Intentionality: Hans emphasizes that you already have a distribution plan for your money whether you're conscious of it or not. The value in the IBC approach isn't just the financial growth, but the control it gives you over your financial system, allowing decisions based on certainty rather than hope.▶️Chapters:00:00 - Introduction and Unconscious Spending01:00 - Catching Up on Recent Events05:00 - The Impermanence of Possessions08:00 - Cultural Censorship Discussion 12:00 - Finding Money for Premiums15:00 - Understanding Your Distribution Plan18:00 - Emergency Fund Optimization22:00 - Raising Insurance Deductibles24:00 - The Premium Paradigm Shift28:00 - Capital Gains and Tax Efficiency33:00 - Leveraging Qualified Funds37:00 - Future Cash Flows and Flexibility42:00 - Capturing Excess Income Streams45:00 - Final Thoughts and Wrap-UpGot Questions? Reach out to us at info@remnantfinance.com or book a call here!⁠Visit https://remnantfinance.com for more informationFOLLOW REMNANT FINANCEYoutube: @RemnantFinance (https://www.youtube.com/@RemnantFinance)Facebook: @remnantfinance (https://www.facebook.com/profile?id=61560694316588)Twitter: @remnantfinance (https://x.com/remnantfinance)TikTok: @RemnantFinance Don't forget to hit LIKE and SUBSCRIBE

In this episode, Dr. Preston Cherry breaks down why taxable brokerage accounts are a smart tool for building long-term wealth. While the word “taxable” might sound like a disadvantage, these accounts offer surprising benefits: flexible withdrawals, lower taxes on gains, and smart strategies like tax loss harvesting. They're also great for estate planning, giving your heirs a valuable step-up in cost basis. When used right, these accounts can play a powerful role in your financial plan.Takeaways:• Build long-term wealth• Lower tax rates• Withdrawal flexibility• Offset investment losses• Boost estate valueWant to learn more? Connect with us below!Stay informed and inspired! Join our FREE wealth & well-being newsletterDo you want confidence & clarity? Check out our award-winning wealth advice servicesGrab Your Copy of Dr. Cherry's book ‘Wealth In The Key of Life'Disclosure: episodes are educational only, not advice. Review our disclosures here: https://www.concurrentfp.com/disclosures/

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This week we answer questions on the loose theme of capital gains tax and investing via General Investment Accounts (GIAs). Spoiler alert - nothing's as simple as it might seem! Shownotes: https://meaningfulmoney.tv/QA11    01:06  Question 1 Whenever a question comes up in our Facebook group about Capital Gains and GIAs (General Investment Accounts) I get a sinking feeling as I do not know much about that type of account, and I don't have one myself.  I am not alone. I have gathered questions from our listeners about capital gains, so in this episode Pete & Roger can tell us all about Capital Gains, Dividends, and anything else we need to know about using a GIA, and other situations which involve capital gains tax. 19:03  Question 2 Hi both, I've recently discovered your podcast and have thoroughly enjoyed my commutes listening to you. Personable and informative. I have a question about selling my buy-to-let property that is in my personal name. My mortgage term is ending in June 2026 and I'd like to sell it for one of better quality that has less issues. I'm currently a higher-rate taxpayer but we're planning to start a family in the next year, meaning I'll be on maternity leave for 12 months which will push my salary down to basic-rate. Impossible to plan when I'll get pregnant but it would be useful to know how HMRC calculates my salary (and over what time period) so that I pay basic-rate CGT when selling my buy-to-let? Apologies for a very wordy question! Thanks a lot and best wishes, Winnie 22:17  Question 3 Hi Pete, I hope you're doing well! I've been really enjoying the Meaningful Money podcast and had a question I'd love to hear your thoughts on the show: In a general investment account (GIA), is it's better to use an income fund to avoid triggering CGT if income is needed (assuming the dividends covers the needs in the short term)? Thanks so much for your wisdom! And keep up the great work on the podcast! :) Best regards, Chloe 26:53  Question 4 Hi Pete, Roger (and Nick who I assume is reading this :-)) I have a question I'd be grateful if you could answer which is around capital gains tax on any shares or funds held outside an ISA/pension. To use an example with higher numbers so that the allowance is used for simplicity: - You have £100k in a GIA - it increases by £10k a year for the first two years; - it's then down £2k in the third - the total value is now £118k - You then want to draw out £10k - How do you work out what capital gains the tax is to be paid on i.e. is the full £10k considered a gain? - Is the withdrawal from the original £100k or from the increase in value i.e. gain? - Would you be better to withdraw up the annual allowance every year and then put it back in to reduce the gain, considering there's no allowance for the impact of inflation? Love the show, keep up the good work in whatever format you decide going forwards - you've made real differences to the way I've managed my investments over the years, especially at scary times like Covid and your book and courses have given my kids the education they need for their long investing lives. Thanks, Dino 36:39  Question 5 Hi Pete & Rodger, I started a deep dive into our overall finances over the Christmas period, to set the picture I am 47, my wife's 42 and we have two children a boy 5 & a girl 3. I received a diagnosis last year which will have a long term impact on my ability to sustain my current level of income & type of work I do. We have a 154k mortgage with 19 years left on the term, with the uncertainty around my health I have decided to target maximum overpayments on the mortgage, this year we can pay 18k extra. My questions are: 1. I plan to save circa 1k per month salary to put into the overpayment pot, I am hopeful that the HL shares will meet past highs and I can use some of that money to top up the salary savings and hit our target. Do I pay tax on the profit I make from selling shares? If it's no more than 3k? I was hopeful I could sell shares annually and withdraw the gains annually, then reinvest in same stock when they dip. I realise that past performance isn't always guaranteed but monitoring since covid the stocks I am invested in are fluctuating from a £15 low to £20 high annually. So looking to sell at £19.5. Is this the best way to use the extra cash at present given the plan to access quickly at times. I have maxed out isa allowance for current FY (2024/25) but will probably pay the 1k per month into an isa in new FY. 2. I am planning to do lump sum overpayment rather than setup monthly, just to give easy access to funds should they be required. I plan to cash in some company SIPPS annually when they aren't taxable (after 5 years) that sum will be on average 1k per year. Will the SIPPS cashed in and gains from HL sales leave me vulnerable to paying capital gains tax? If all goes to plan we could be mortgage free by 2033 approximately and there would be less of a dependency on my salary. Deep down I just want us to be setup financially as best we can with the uncertainty around my health. I would really appreciate your views, love the podcast and it's been a real source of knowledge to me. Best Regards Lee 43:52  Question 6 Hi Pete & Roger, I found your YouTube channel last year and through that the Podcast – both are absolutely fantastic and have helped me and my family so much with many aspects of managing our money and planning our finances. My question relates to if and to what extent capital gains tax can be offset by making SIPP contributions. My wife and I jointly own a buy to let property that we are selling in the new financial year (25/26).  When the sale completes, we expect to each have a taxable capital gain of around £30,000.  My wife earns around £10k a year from a part time job, therefore most of her gain will be taxable at the lower rate of 18%.  For the last couple of years, she has made annual gross SIPP contributions 100% of her earnings (£10,000) which is the maximum gross contribution she can receive basic rate tax relief on. This year, as well as contributing the usual £10,000 gross, (100% of earned income), can she also contribute up to a further £30,000 gross and receive basic rate tax relief on this additional contribution, thus offsetting the CGT paid on the gain from the property sale?  If so, with CGT payable at 18% and basic rate tax relief of 20%, contributing the full £30,000 would actually more than offset the CGT (which I fear is too good to be true). If this is the case, is there any other strategy we should be considering to achieve the same or similar outcome?  I have really struggled to find definitive guidance around this, so any clarity you can provide will be much appreciated. Many thanks and keep up the great work. Steve

04-19-25See omnystudio.com/listener for privacy information.

Could we be witnessing the beginning of the end for property taxes in America? In this thought-provoking episode, Ron Phillips unpacks Florida's bold new proposal to eliminate property taxes and what that could mean for homeowners, real estate investors, and the American dream itself. If you've ever questioned whether you truly own your home, this episode will challenge the way you think about real estate, taxes, and personal liberty. WHAT YOU'LL LEARN FROM THIS EPISODE   Why Florida is considering eliminating property taxes and how it could work How skyrocketing insurance and tax bills are crushing retirees and working families What property tax elimination would mean for personal freedom and private ownership The relationship between property taxes and unrealized capital gains What savvy investors should be watching if this passes—and where opportunities could emerge   RESOURCES MENTIONED IN THIS EPISODE Florida Explores Ditching Property Tax as Home Prices Soar Redfin Florida Policy Institute CONNECT WITH US: If you need help with anything in real estate, please email invest@rpcinvest.com  Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success Facebook Group: Cash Flow Property Facebook Community Instagram: @ronphillips_ YouTube: RpCapital Get the latest trends and insights: RP Capital Newsletter  

In this episode: Reminder: tax extensions don't extend the time to pay. Upcoming potential changes due to 2025 tax law expirations. Carried interest and capital gains vs. ordinary income. Proposed taxation of municipal bond interest. New early retirement withdrawal exception for emergencies (up to $1,000/year). Importance of certified appraisals for large non-cash donations. Theft losses from internet scams are not deductible unless business-related. Mileage deduction rules and common documentation pitfalls. Finalized update on BOI (Beneficial Ownership Information) reporting requirements for foreign companies. We're joined by Lauren Bunting, broker at Keller Williams Realty of Delmarva, who shares her journey from residential real estate agent to actively selling broker. Lauren dives into the evolving world of commercial real estate, the impact of the recent class-action lawsuit on agent compensation, and how these changes are reshaping buyer and seller relationships. She also talks strategy—highlighting how real estate, especially in resort areas, remains a powerful tool for wealth-building, whether it's your first home, a vacation property, or a commercial investment. Her advice? Don't wait for the perfect time to buy—buy, and give it time.

FRIENDS AND ENEMIESIn this episode of CBP, we dive into the latest news and trends shaping the world of tech, finance, and retail. Carney vs Poilievre starts to heat up. Gamestop is making waves in the bitcoin community, sparking speculation about the future of cryptocurrency. Meanwhile, Tesla's rebate program is facing a rough ride, and grocery stores are turning to body cam technology to enhance security. We'll break down the implications of these developments and explore the latest insights in blockchain (puke), crypto (puke), and market volatility. From Elon Musk's latest moves to the impact of the Trump trade war, we'll cover it all. Join us for a deep dive into the world of finance, tech, and retail innovations.Join us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: ⁠www.CanadianBitcoiners.com⁠Discord: ⁠  / discord  ⁠ A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - ⁠⁠www.easydns.com⁠⁠ EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - ⁠⁠⁠https://mission.bullbitcoin.com/cbp⁠⁠⁠ The CBP recommends Bull Bitcoin for all your BTC needs. There's never been a quicker, simpler, way to acquire Bitcoin. Use the link above for $20 bones, and take advantage of all Bull Bitcoin has to offer.

Why I'd rather pay WA estate taxes over capital gains taxes. We do estate planning. We do probate. We do it well. If you are in Washington State and need help, you can get a free strategy session at the link in our bio. #estateplanning #probate #realestate #wealth #trusts #legacy #estatetaxes #lawyer #attorney #taxes #money

Welcome to another Q&A show. This week we cover moving abroad, inheritance tax and paying into a pension while drawing from another, and lots more besides! Shownotes: https://meaningfulmoney.tv/QA7   01:16  Question 1 I've been a long time listener for my entire working career and your podcast has been invaluable to getting me to the great position I'm in now. I have recently been offered a very exciting job opportunity abroad (specifically Luxembourg) and I'm thinking about financial issues I might want to cover. I am 29 and have a mid-five figure sum in each of my ISA, LISA, and DC pension in the UK. I hope to save and invest heavily abroad with a FIRE sort of philosophy. I wonder if there are any big things to think about in preparation for a move, or things to do while in the EU that will make a move back easier. I realise this is probably a complex question, and maybe too niche for a podcast episode. I've considered getting a one-off consultation with a financial advisor before my move, do you think this would be worthwhile, and if so what sort of service or green flags should I be looking for? (Assuming Jackson's is not a specialist in this area!) Thank you again! Stuart 06:24  Question 2 Hi Pete, Hi Roger, May I ask a question about pensions now being subject to IHT. My father in law's strategy for passing on his wealth was to pass on an unused pension, previously protected from IHT, and he had also invested in AIM shares, again also previously exempt from IHT but now subject to 20% tax. He is nearly 82. What options might you suggest for him to consider on either of those points, but in particular the pension point. Draw the pension and gift it? Thank you very much. Love the pod and religious listener! Jo 13:00  Question 3 Hi Pete and Roger, A great many thanks for all that you do towards simplifying personal finance principles. It is with thanks to your guidance that I am living within my means and on a budget with clear financial objectives. My question today is on behalf of a family member, let's call her Glynda. Glynda is 58 years old and intends to continue working until she can claim her full state pension. She currently has two private pension pots, one is a SIPP on the Vanguard platform and one is her workplace scheme with a smaller provider I've never heard of called Creative Trust. A few years ago, she chose to withdraw her 25% tax free cash allowance from her SIPP with a view to investing this in rental property. For one reason or another this didn't actually happen so she is now saving this aside as her 18 month cash buffer. To withdraw the 25% tax free cash, she had to “crystallise” the entire SIPP pot. The remainder is still invested in 100% equities - the growth engine as you say, but it is now in a flexi access drawdown account, not a pre-retirement pot. Meanwhile, the workplace scheme is growing nicely with contributions of around £3500/yr, which is not insignificant on her modest salary. This pension is not yet “crystallised” and is also aggressively invested through the limited fund selection on that platform. You have spoken at length about pensions but my question has not yet come up, though I appreciate it may be niche. If the SIPP has been crystallised and the Workplace scheme has not, can they still be combined? Does Glynda need to take her tax free cash from her workplace scheme BEFORE transferring/combining this scheme into her SIPP for ease of management? If she opts NOT to take the tax free cash before transferring, does she lose that option? What is the point of “crystallisation”? Why is it even a thing in a world of flexi access drawdown, it seems irrelevant to me. Do platforms charge different levels of fees post-crystallisation? If so, can Glynda transfer her crystallised SIPP to a new provider if savings can be made on fees. Many Thanks, Sam 19:48  Question 4 Hi Pete and Roger, I have been an avid listener to the podcast for a long time now, probably 5 years, what a journey! Thank you for all the content you put out. Pete; I think I read your book first which put me on to the podcast, or perhaps it was the other way around, I can't remember. I'm pleased to say that when I read your book, I then went through it with a fine toothcomb and ticked off everything I needed to do! Needless to say I've been in a good situation for a while now, thanks to you, your book and this podcast. I still use a Meaningful Money Budget Spreadsheet to plan my monthly finances! I did leave a review a good while ago on the app store letting you know how Meaningful Money has helped me! I have attached a picture of my copy of your book, hope you don't mind all the post it notes! My question is surrounding Emergency Funds and what criteria we should apply as to whether something is an “emergency?” Classic things such as a broken down car, a leak in the house or the boiler breaking down are all perfect scenarios for an emergency fund. But what about other more vague scenarios? This question has come about because of my current situation. I unfortunately have a toxic boss and work environment which is affecting my mental health. It's clear I need to leave the job, as my continued attempts to change the environment and my mindset have been unsuccessful. So, I am about to hand in my resignation, in the next few weeks and just go ahead and use my emergency fund, as this detriment to my mental health cannot continue. However, there's a strong feeling inside that this isn't really what an emergency fund is for. Particularly too, as I don't have a strong exit plan. I have no other job lined up, I just need to get out of there. So what do you think? Should the fund have strict rules as to what is, and is not an emergency? I suspect your answer will be that the holder of the emergency fund decides what is and is not an emergency. That being said if there isn't strict rules surrounding it, then it would be quite easy for someone to decide a night out on the ale is an emergency due to a stressful week! Or can the rules be more “fluid” and a night down the pub is acceptable? Sorry about the pun! I'd be interested to know your thoughts. Thanks again and I look forward to hearing your response! Many Thanks, Phil 24:36  Question 5 Hi Pete & Roger Thanks for all your podcast episodes - I've been listening for years and you've saved me a lot of money through not needing to pay an advisor (thanks to your free info) and not making expensive mistakes. I'm not sure if I'm your core demographic (33yo woman in London) but find all your content useful for me, my friends, brother and parents. My question: I co-own a flat and live in it. My friend owns the other half but doesn't live with me. We have a joint residential mortgage and also have to pay a £250pm service charge and ground rent as it's a leasehold with right to manage. It's a 35yr mortgage so we get about £200pm equity and pay around £800pm interest. It's a great flat but I want to move to a larger property in a different area, initially renting as it'll take quite a long time to sell the flat (for various reasons I won't go into!). If we rent the flat out and I go and rent elsewhere, I'll be making a loss on the flat (I'm a 40% taxpayer and the rental income would cover the mortgage + service charge + agency fees but I believe I'd have to pay tax on income not profit hence the loss). There's also insurance, council registration fee, maintenance etc. Obviously I'd then pay rental money to a landlord too for the house I move to. I know property taxes have changed in recent years and I'm very supportive of landlords being taxed on profits. However, my initial research suggests that professional landlords who buy property through companies only pay tax on (company) profits whereas I'd pay tax on revenue. I'd pay 40% vs them paying corp tax (25% ish?). Is my understanding right and is there any regulation or tax relief specifically for "accidental" landlords who are also renting a home themselves rather than having a big empire of properties as a business? Also how would the tax work for co-owners, would I just pay 40% tax on half of the rental income? My friend lives abroad in case that's relevant. I know there are a lot of accidental landlords due to cladding, relationship changes etc so am hoping the question is also useful for other listeners. Thank you! Emma 32:33  Question 6 Thanks for an excellent podcast - one of the best in the personal finance space. Around 6 years ago I inherited a low 6 figure sum which I put into a GIA. Each year I have made Bed & ISA transfers to diffuse any Capital Gains and to move more of my money into a tax shelter. As we have had a strong investment environment over this period I still have a reasonable balance in the GIA. Now the government has reduced the annual Capital Gains allowance to such an extent that I expect to be unable to defuse all of my Capital Gains each year. This will limit the amount I can Bed & ISA and I expect the GIA balance to start increasing compounding the issue. To be honest I don't think this will be an unusual position to be in as you will not require an unfeasible balance in a GIA to pay CGT on "gains" solely due to inflation. My current plan is to allow the above to happen by only utilising my annual CGT allowance and not paying CGT while I am working. My question is how CGT is charged in early retirement. Lets say I stop working at 55 and don't take my pension until 57 (earliest I can). I will have no income for two years so my Personal Allowance will be unused. In this case can I make £15,570 of gains in the year before CGT? Searching online I can only find information on Basic and Higher Rate GGT and not Nil Rate. Thanks, Simon 38:43  Question 7 Hi, Love the podcast. I have some questions about pension contribution limits and tax relief. My taxable employment income for 2024/2025 is around £30k. I already contribute to a workplace pension via salary sacrifice. The total amount paid in by my employer is £12k. I am using my full ISA allowance but still have savings and investments in a GIA, not sheltered from tax and would like to pay a lump sum into a SIPP before the end of the tax year. My questions are: What's the maximum I can pay in? Is it £30k or do I have to subtract my employer workplace contributions, so only 18k? I keep finding conflicting information online! If it's 30k, does this mean I actually pay in 24k? If it's 30k, would I receive government top up on all of it, even though I didn't pay tax on the first £12,570? Does the contribution to a SIPP actually reduce my taxable income? So if I contribute the full £30k (assuming I can) is my personal allowance then unused by employment? I have savings and investments income of around £10k from my GIA. Would this then fall inside my personal allowance and no tax be due? Thanks for any help you can offer. I'm so confused with all the information online! Thanks so much for the podcast - keep up the good work. Alison  

On today's episode, Matt walks through a scenario many investors encounter after periods of strong growth: owing capital gains taxes.  If you have investments in a non-retirement account where your growth is subject to capital gains tax, you likely have some gains from the last few years of market growth.  While no tax is due until you realize those gains, there is also the possibility that your portfolio is no longer in the desired ratio of stocks to bonds.  How can you rebalance your portfolio without incurring a hefty tax bill?  Matt covers some of the considerations to determine the right strategy for you.

In this episode of Beer & Money, Ryan Burklo discusses two common misunderstandings about dividends. He explains what dividends are, how they affect stock prices, and the tax implications associated with them. The episode aims to educate listeners on the nuances of dividends, emphasizing the importance of understanding their impact on investments and taxes. Check out our website:  beerandmoney.net For a quick assessment of your current financial life go to: https://www.livingbalancesheet.com/lbsVision/lite/RyanBurklo Takeaways Dividends are payments made by companies to shareholders from profits. When dividends are paid, stock prices typically decrease by the dividend amount. Dividends are taxed as ordinary income, which can be higher than capital gains tax. Long-term capital gains tax rates can be significantly lower than ordinary income tax rates. Understanding the tax implications of dividends is crucial for effective financial planning. Investors should consider both dividends and stock price appreciation in their strategies. Consulting with a CPA can help clarify individual tax situations regarding dividends. The perception of dividends can be overly positive or negative; understanding is key. Financial education is essential for making informed investment decisions. Controlling finances and understanding investments leads to better financial outcomes. Chapters 00:00 Understanding Dividends: The Basics 02:47 The Impact of Dividends on Stock Prices 06:05 Tax Implications of Dividends vs. Capital Gains

Your brand name isn't just a name: it's your gateway to capital, credibility, and growth! From culture shock to capital gains, your brand could be the key to unlocking major opportunities or keeping you stuck in the hustle. In this masterclass episode Part 2 with branding expert Evante Daniels, we break down the branding science Black businesses need to succeed!We dive deep into:Why your brand name can be the difference between getting funded or forgottenThe two ways to create demand (and why most fail)How to position your brand for growth without losing cultural authenticityThe branding mistakes that cost Black businesses capital and credibilityThe power of strategic naming, perception, and Cultural IP in breaking business barriersThink about how Beyoncé built an empire, how Nike's branding made them legendary, and how companies like Apple and Adidas have mastered the art of brand perception. These aren't just names—they're strategic assets rooted in Cultural IP, market psychology, and identity positioning that drive influence and revenue.If you want to elevate your brand beyond the culture and into boardrooms, bank accounts, and billion-dollar opportunities, this episode is for you. Too often, Black entrepreneurs brand based on passion rather than positioning. But your brand must speak the language of capital if you want to break barriers and build generational wealth. If you're serious about turning your culture into capital and your brand into a business that thrives, and not just survives, this episode is a must-listen.Listen to Part 1 of our conversation here.Beyond The Episode Gems:Follow Evante Daniels On LinkedIn For Creative & Brand Insights, Strategy, Content, & MemesInterested In Working With Evante and Seeqer? Visit Seeqer Website For Services, Case Studies, & Getting StartedBuy Evante's Book "Power, Beats, & Rhymes: Reclaiming Our Cultural Voice"Subscribe To My New Weekly LinkedIn Newsletter: Strategize. Market. Grow.Buy My Book, Strategize Up: The Blueprint To Scale Your Business: StrategizeUpBook.comDiscover All Podcasts On The HubSpot Podcast NetworkTry GetResponse For FREE On Me To Monetize Your Content: GetResopnse Content Monetization Plan Support The Podcast & Connect With Troy: Rate & Review iDigress: iDigress.fm/ReviewsFollow Troy's LinkedIn @FindTroyNeed Growth Strategy, A Keynote Speaker, Or Want To Sponsor The Podcast? Go To FindTroy.comFollow Troy's Instagram @FindTroySubscribe to Troy's YouTube Channel 

With the triple team, Brian, Jeremiah, and Alex dive into smart strategies for minimizing capital gains taxes when selling property. A caller shares their real-life scenario of selling two properties, prompting a discussion on how to leverage exemptions, 1031 exchanges, and Delaware Statutory Trusts to maximize profits while minimizing IRS exposure. Next, they tackle the age-old question: should you pay off your mortgage before retirement? With interest rates at historic lows for many homeowners, we break down why keeping a low-interest loan might be the better financial move. We also explore retirement income planning, balancing liquidity with long-term growth, and how to ensure financial security for both spouses. Finally, we touch on Medicare premium brackets and how capital gains can unexpectedly increase healthcare costs.   Listen, Watch, Subscribe, Ask! https://www.therealmoneypros.com Hosts: Brian Wiley, Jeremiah Bates, & Alex Lundgren ————————————————————— SPONSORS: Guild Mortgage: https://guildmortgage.com Ataraxis PEO https://ataraxispeo.com Tree City Advisors of Apollon: https://www.treecityadvisors.com Apollon Wealth Management: https://apollonwealthmanagement.com/ Formations: https://get.formationscorp.com/real-money-pros —————————————————————

Whether you're selling stocks, real estate, or a business, capital gains taxes can take a huge bite out of your profits. But here's the good news—you have control over when and how you sell assets, and with the right strategies, you can significantly reduce your tax bill. From understanding short-term vs. long-term capital gains rates, to tax-loss harvesting, tax-gain harvesting, donor-advised funds, and Qualified Opportunity Zones—this episode is packed with the insights you need to keep more of what you earn.

Are you on the right track in your wealth-building journey, or are you stuck in one of the four wealth building phases and it's holding you back from financial freedom?Building wealth isn't just about making money—it's about understanding the stages of financial growth and taking the right steps at the right time. Whether you're just starting to accumulate assets, optimizing your investments, or looking for advanced strategies to protect and maximize your wealth, knowing where you stand is key to moving forward. Many Canadians unknowingly stall in a phase that limits their ability to reach true financial independence.In this episode, we break down the four distinct phases of wealth creation and preservation, helping you identify where you are and what steps you need to take next. From shifting your mindset to making smart investment moves and leveraging strategies that the wealthy use, you'll gain insights that can reshape your approach to building long-term financial security.You'll learn:Learn the four stages of wealth creation and discover which one you're currently in.Understand how to transition from accumulating assets to protecting and optimizing them.Discover advanced strategies, like corporate wealth structures and tax-efficient investing, that can accelerate your financial growth.Don't leave your financial future to chance—tune in now to learn how to move to the next phase of wealth creation and start optimizing your financial strategy today!Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here. Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Achieving financial independence requires smart planningReady to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Text us your financial questions! Original Air Date: February 1, 2025   This week on "Henssler Money Talks," show hosts Nick Antonucci, CVA, CEPA, Director of Research, and Managing Associates K.C. Smith, CFP®, CEPA, and D.J. Barker, CWS®, shed light on when and why investors should consider selling their stocks. When a market disruptor shakes investor confidence, suddenly everyone is looking for the exit. Selling should be a strategic decision—not an emotional reaction.Read the Article: https://www.henssler.com/selling-stocks-in-a-booming-market-does-it-ever-make-sense   

Text us your financial questions!Henssler Money Talks — February 1, 2025  Season 39, Episode 5  This week on "Money Talks," show hosts Nick Antonucci, CVA, CEPA, Director of Research, and Managing Associates K.C. Smith, CFP®, CEPA, and D.J. Barker, CWS®, delved into the week's market disruptor—DeepSeek, China's latest entry into the artificial intelligence market. The team also shed light on when and why investors should consider selling their stocks. They touch on the Fed's monetary policy meeting and how Millennials don't consider themselves wealthy, despite their median wealth being more than 37% above expectations.  Timestamps and Chapters05:10: DeepSeek and Nvidia's sell-off23:14: Making the Case for Selling Stocks34:44: Monetary Policy Meeting 39:15: Millennial Phantom WealthFollow Henssler:  Facebook: https://www.facebook.com/HensslerFinancial/ YouTube:  https://www.youtube.com/c/HensslerFinancial LinkedIn: https://www.linkedin.com/company/henssler-financial/ Instagram: https://www.instagram.com/hensslerfinancial/ TikTok: https://www.tiktok.com/@hensslerfinancial?lang=en X: https://www.x.com/hensslergroup  “Money Talks” is brought to you by Henssler Financial. Sign up for the Money Talks Newsletter: https://www.henssler.com/newsletters/ 

Washington D.C. Sports is having a moment in the sports world with the Commanders impressive season in the NFL and the Capitals dominating the NHL. Public Address Announcer for the Washington Wizards and Commanders, Mark Fratto explains why the Wizards rebuild will result in success in the NBA. Fratto also explains his favorite basketball memories, announcing in Madison Square Garden, and how the political climate shapes sports in the D.C. area. Hoopsology is presented by Ballislife. Twitter:@hoopsologypod Instagram:@hoopsologypod Justin's Twitter: @JGHoopsology Matt's Twitter: @thetrainerstake Learn more about your ad choices. Visit megaphone.fm/adchoices

Pat Davidson is not only a tax expert, but he is also a hunter and landowner. Chris helped Pat purchase and set up a tract that would serve as a multi-use property for his family.   We talk about that process and then we get Pat to discuss several things that land owner should consider when buying or selling.   He covers 1031 exchanges, Capital gains, and basis.   This one is full of good information if you are in the market as a buyer or seller.     

In this episode of Fund Friday, Craig McGrouther and Brett Swarts delve into innovative strategies for capital gains tax deferral, focusing on the Deferred Sales Trust. Brett shares his journey in real estate, the importance of understanding capital gains, and the concept of truly passive income. Through real-life case studies, they illustrate how these strategies can unlock wealth and provide financial freedom. In this conversation, Brett Swarts discusses the Deferred Sales Trust, its qualifications, and common misconceptions surrounding it, particularly regarding CPAs. He emphasizes the importance of collaboration between clients and their financial advisors, the role of real estate agents in 1031 exchanges, and the need for a trustworthy team in wealth management. Join Craig McGrouther and Brett Swarts on this episode of Fund Friday as they dive into the power of the Deferred Sales Trust!Learn more about Lone Star Capital at www.lscre.com To apply to attend LSC Summit 2024: www.lscsummit.comGet a FREE copy of the Passive Investor Guide:https://www.lscre.com/content/passive-investor-guide Subscribe to our newsletter and receive our FREE underwriting model package:https://www.lscre.com/resource/underwriting-modelFollow Rob Beardsley:https://www.linkedin.com/in/rob-beardsley/https://www.facebook.com/RobBeardsleyLSC/Read Rob's articles:https://www.lscre.com/blog

Are you prepared for the next major curveball life throws your way, or are you hoping it never arrives on your way to financial freedom?If you've ever felt uneasy about where your financial portfolio stands in today's fast-changing world, this episode offers peace of mind. You'll discover why “unpredictable” economic swings and personal financial surprises aren't just random nightmares, but regular occurrences you can proactively prepare for. By recognizing that uncertainty is the norm, you'll feel less stressed about your investments and more confident in your plan for retirement.Most of us want to know our future selves will be secure and able to weather any crisis—big or small. This conversation walks you through proven strategies to build a financial foundation that can stand firm no matter what surprises the market or life events bring. Whether you're seeking steady growth, better tax planning, or simply want peace of mind, this episode sets you up for success.Gain a blueprint for balancing risk and resilience in your investment strategy.Learn how to harness “unexpected events” to your advantage by building a diversified plan.Discover ways to stay flexible with changing tax laws and regulations to protect your wealth.Press play now and learn how to build a rock-solid financial plan that thrives in any economic storm!Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Achieving financial independence retire early (FIRE) requires smart planning, especially when it comes to growing your net worth and generating passive income with a focus on the sequence of returns of your Canadian investment portfolio. For business owners, navigating the complexities of corporate structures, tax implications, and investment strategies can feel overwhelming. From understanding capital gains rules to leveraging life insurance for wealth optimization, the right approach can transform your financial future. By aReady to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Welcome to the first Tax Tuesday episode of 2025. Anderson Advisors attorneys Toby Mathis, Esq., and Eliot Thomas, Esq., discuss topics including whether hours spent on personal and rental properties count towards real estate professional status, the tax implications of using an LLC for a brokerage account that generates short-term capital gains, and how to handle HOA dues when calculating the cost basis of a condominium. They also discuss the consequences of failing to issue a 1099 to contractors, how to navigate a tricky 1031 exchange, and strategies to minimize capital gains taxes when selling a rental property. You'll hear about ways to structure personal and business finances for educational deductions, managing a 401(k) loan from a tax perspective, and tips for maximizing tax benefits as a 1099 medical professional. Send your tax questions to taxtuesday@andersonadvisors.com. Highlights/Topics: "I have a solo handyman business, do my hours performing services for homeowners and real estate investors properties count towards rep hours. Do my hours working on my residence count towards rep hours if I plan to move out and rent the house?" - Absolutely. That's exactly what you're supposed to do. That time is exactly what we're looking for to get over 750 hours of material participation in the management of your properties, et cetera. "I am selling weekly options and was advised to put my brokerage account into an LLC taxed as a partnership. Doesn't this expose me to the same tax liability I have now with no LLC? What is the best tax strategy for a brokerage account that is making a large profit that is all from short-term capital gains?" -No, you're not going to have the same tax liability by putting it in that type of partnership. But there's a lot of other things you can do. "When calculating the cost basis of a condominium, how does one identify and add the portion of HOA dues spent for capital improvements to the property?" - If it's your personal residence, we don't deduct HOA costs. "What happens if I don't issue a 1099 to an outside contractor? How do you spend a virtual assistant who made over $15,000?" - You can get penalized up to $600, perhaps more, if you don't get the 1099 out. VA's overseas, if not a US taxpayer, you don't need to send a 1099. "How many properties must I acquire to meet the real estate professional status?" - The number of properties is irrelevant. You could have one, you could have a hundred. It's how much time you put into it. "I have a rental property that I would like to sell. I purchased it in 1999 for $175, 000. The current value is $450,000–$500,000. How can I reduce capital gains taxes?" - The quick, real easy, no brainer answer, you could do a 1031-like kind of exchange. "I'm in a 1031 exchange gone bad. The funds are with the intermediary in the escrow account. The replacement property seller did not cooperate and the deal is falling through. Now what can I do?" - Quick answer, you can pay tax. You could try and make the payments in installments. "Can I structure and set up something through my business and nonprofit or personally that will allow me to deduct my child's college education expenses." "I'm aware of state-specific 529 programs." - You don't get a tax deduction for a 529 plan. "I currently have a loan on my solo 401(k) and I want to pay it off early and turn around and take out another loan. How do I handle that from a tax perspective?" - You need to check with your particular plan. I just throw that out there for people who are thinking maybe of doing the same. "I am a 1099 medical professional. What can I do from now on to properly prepare myself to maximize my tax situation? I'm on the payroll for my S-Corp and managing the 1099 income through the S Corp." "I don't know if I should be doing anything else." - Quarterly tax meetings. That's always the answer. Putting it in an S-Corp was the right thing. Resources: Schedule Your FREE Consultation https://andersonadvisors.com/strategy-session/?utm_source=how-to-reduce-capital-gains-taxes-when-selling-a-long-held-rental-property&utm_medium=podcast Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=how-to-reduce-capital-gains-taxes-when-selling-a-long-held-rental-property&utm_medium=podcast Anderson Advisors https://andersonadvisors.com/ Toby Mathis YouTube https://www.youtube.com/@TobyMathis Toby Mathis TikTok https://www.tiktok.com/@tobymathisesq Clint Coons YouTube https://www.youtube.com/@ClintCoons  

With Parliament prorogued, there's a lot that's up in the air — including how much money some of us owe in taxes. On this week's TLDR, we break down the CRA rule that's throwing some Canadians' finances into question. Plus, with the trade war drum beating ever-louder, we look at the ways a conflict between Canada and the U.S. could play out. And, how recent investors in quantum computing lost money — and what it teaches us about the dos and don'ts of disruptive investing.This episode was hosted by Devin Friedman, business reporter Sarah Rieger, former hedgefunder Matthew Karasz and former business news anchor Amber Kanwar. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.

Are you leaving easy-safe money on the table by letting your stocks sit idle in your portfolio?When the market's unpredictable swings have you wondering if there's a better way to capitalize on your investments, selling covered calls can offer a lucrative and relatively safe income stream you may be overlooking. Rather than watching your portfolio's value bounce around, imagine renting out your shares the same way you'd rent out a property, collecting premiums while still maintaining a stake in the stocks you believe in for the long term.More importantly, as you strive to build wealth responsibly, managing taxes and minimizing risk become top priorities. In this episode, you'll gain insights into how covered calls can help you smooth out the turbulence in your investment returns, whether you're preparing for early retirement or seeking to optimize the cash flow from assets you already own.Learn a simple yet powerful way to generate consistent monthly income from your existing sharesDiscover tax-friendly strategies for handling premium income in both personal and corporate accountsGain the confidence to navigate call option trades without the high-stakes risk often associated with options tradingPress play now to learn exactly how covered calls can earn you extra income from the stocks you already own.Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Interested in opening an Interactive Brokers Trading Account and getting a welcome bonus? Use our referral link here so you get a welcome bonus. Visit the Canadian Wealth Secrets Show Notes PageConsider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Achieving financial independence retire early (FIRE) requires smart planning, especially when it comes to growing your net worth and generating passive income with a focus on the sequence of returns of your Canadian investment portfolio. For business owners, navigating the complexities of corporate structures, tax implications, and investment strategies can feel overReady to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

MONOLOGUE Taxation Without Representation: Trudeau's Capital Gains Power Grab Rebel News' David Menzies has another run-in with RCMP Officer Greg Dumouchel, who arrested him one year ago  Update on Martin Ross, Backyard Hockey Rink Owner in Markham, ordered by town to Tear it down or face massive financial penalties.  David Menzies Rebel News Mission Specialist THE SMART MONEY Smith warns of 'national unity crisis' over Ottawa's threat to cut off Alberta oil to US https://www.westernstandard.news/alberta/breaking-smith-threatens-national-unity-crisis-over-ottawas-threat-to-cut-off-alberta-oil-exports-to-us/61104 The injustice of the CRA's capital-gains grab https://nationalpost.com/opinion/colby-cosh-the-injustice-of-the-cras-capital-gains-grab Jonathan Wellum, Pres./CEO Rocklinc Investment Partners 905-631-5462 email: info@rocklinc.com MONOLOGUE From Prestige to Pariah: Trudeau's Passport Fiasco The Liberal Party must run a leadership contest free of foreign interference, say MPs. https://www.blacklocks.ca/libs-promise-no-interference/  Feds Freezing EV Rebates https://www.blacklocks.ca/feds-freezing-electric-rebates/ Tom Korski, Managing Editor Blacklock's Reporter blacklocks.ca OPEN LINES THE MORNING GUY Mark Carney to be 'anointed' as new Liberal Leader and PM without winning a seat Marc Patrone, Host of "The Marc Patrone Morning Show" weekday mornings 7-9am SAUGSA 960 Learn more about your ad choices. Visit megaphone.fm/adchoices

Host Alex Pierson is joined by the one and only Tom Korski, the managing editor of Blacklock's Reporter to talk about the news of Parliament Hill that might slip past your radar...like what happening with the liberal leadership race and why is the Capital Gains tax still being deducted from your taxes even though it hasn't passed through parliament? Learn more about your ad choices. Visit megaphone.fm/adchoices

What if there was a proven strategy to protect your retirement savings from market downturns and maximize the income you can withdraw?In this episode, we address one of the most critical, yet overlooked challenges in retirement planning: how to handle the unpredictable sequence of returns during market downturns. Many people rely on the assumption of a steady average rate of return, but when you start withdrawing income in a bad market year, it can drastically reduce your portfolio's lifespan and limit your financial freedom. The question becomes: how do you plan for those inevitable down years while protecting your wealth and ensuring a steady, stress-free income?Kyle and Jon break down the power of creating a cash wedge—a strategy that gives you options and confidence during downturns. Whether you're aiming for early retirement, managing investments, or just looking for a sustainable plan, this episode explores real-world scenarios and shows how cash wedges, including innovative tools like permanent insurance policies, can stabilize your income and protect your legacy.Learn how a cash wedge strategy can significantly increase the amount of income you can safely withdraw—even during market downturns.Discover why tools like permanent insurance policies offer unique benefits that traditional fixed income or HELOC strategies can't match.Understand how to structure your retirement plan to reduce emotional stress and optimize your portfolio for long-term success.Ready to learn how to protect your retirement and unlock smarter strategies? Hit play now to take control of your financial future!Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Dig Into Our Ultimate Canadian Retirement Planning Guide here:https://canadianwealthsecrets.com/ultimate-guide-to-canadian-retirement-planning/ Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situaReady to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Are you curious about how high-income individuals can leverage investment optimization tools to build lasting wealth, even in complex tax environments?In today's intricate financial landscape, high-income earners face unique challenges when it comes to optimizing their investments and managing taxes. Our latest episode of Canadian Wealth Secrets dives deep into strategies that can help you navigate these complexities. We speak with Money Insights podcast co-host Rod Zabriskie and explore how life insurance can be more than just a safety net but a robust tool for wealth creation and investment optimization. Additionally, we discuss the nuances of the tax systems in both the US and Canada and how they impact your wealth-building efforts. Whether you're a seasoned investor or just starting, understanding these strategies can help you achieve financial stability and ensure your investments are working as hard as you are.You'll learn: Discover how to utilize permanent life insurance to optimize your investments and create tax-free growth.Learn the differences between direct and non-direct recognition policies and which might be best for your situation.Understand the concept of infinite banking and how strategic use of insurance can significantly enhance your wealth management plan.Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Achieving financial independence requires smart planning, especially when it comes to growing your net worth and generating passive income. For business owners, navigating the complexities of corporate structures, tax implications, and investment strategies can feel overwhelming. From understanding capital gains rules to leveraging life insurance for wealth optimization, the right approach can transform your financial future. By aligning your strategy with tax-efficient tools, you can unlock the full potential of your business and investments, ensuring sustainable growth and long-Ready to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Check out our future deals, 12 Masterclass video series, and join our community: https://thewealthelevator.com/club/In this podcast episode recorded in 2025, the host and a CPA delve into advanced tax topics, including passive activity losses, cost segregations, and how different types of income are taxed. They also discuss specific tax mitigation strategies such as the real estate professional status, the role of a management company, and the potential benefits and pitfalls of oil and gas investments and land conservation easements. The episode features a live Q&A session where they address a wide range of questions from listeners about handling capital gains, depreciation recapture, Roth conversions, and the complex interplay between passive and ordinary income. The CPA provides practical advice on utilizing tax strategies effectively while ensuring compliance with IRS regulations. Hosted on Acast. See acast.com/privacy for more information.

What if you could retire years earlier than planned—without sacrificing financial security or peace of mind?Planning for early retirement is a dream for many Canadians, but the math behind it is often misunderstood. In this episode, we dive into the real numbers, strategies, and pitfalls that come with accelerating your retirement goals. Whether you're considering a 10-year or 15-year runway to financial independence, understanding how to maximize your retirement contributions, leverage compounding to the fullest, and mitigate the risk associated with equities and growth investments can make the difference between a comfortable Canadian retirement and coming up short.The unpredictable nature of market returns can be daunting, but having a plan for scenarios like market downturns or drawdown years is critical. This episode equips you with actionable insights into planning for volatility and ensuring your financial runway isn't cut short, even when the unexpected happens.What you'll learn:Learn how the timing of contributions and withdrawals dramatically impacts your financial future.Discover tools like cash wedges and lending vehicles to navigate market volatility and protect your retirement portfolio even during down years.Understand how contributing more or starting earlier can exponentially increase your financial security and Canadian retirement options.Don't leave your financial future to chance—listen to this episode now and learn how to take control of your early retirement strategy!Ready to take a deep dive and learn how to generate personal tax free cash flow from your corporation? Enroll in our FREE masterclass hereBook a Discovery Call with Kyle to review your corporate (or personal) wealth strategy to help you overcome your current struggle and take the next step in your Canadian Wealth Building Journey! https://canadianwealthsecrets.com/discovery Dig Into Our Ultimate Canadian Retirement Planning Guide here:https://canadianwealthsecrets.com/ultimate-guide-to-canadian-retirement-planning/Canadian Wealth Secrets Show Notes PageConsider reaching out to Kyle if you've been……taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Achieving financial independence retire early (FIRE) requires smart planning, especially when iReady to connect? Text us your comment including your phone number for a response! Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Looking to maximize your real estate portfolio without paying taxes upfront? Then, this conversation with Shane Thompson is perfect for you! Dive in as he breaks down the 1031 exchange and learn why timing, strategy, and smart reinvestments are critical to achieving long-term wealth.     WHAT YOU'LL LEARN FROM THIS EPISODE   1031 exchanges: What it is and how they allow real estate investors to defer capital gains taxes Key timelines and rules to successfully execute a 1031 exchange How to trade up from underperforming properties to higher-quality investments. The compounding power of reinvesting equity and why timing matters Strategies to turn a single property into a self-growing portfolio using 1031 exchanges     ABOUT SHANE THOMPSON Shane began investing in real estate in 2011 after being introduced to Ron Phillips and the RP Capital team. Their success in real estate led Shane to join RP Capital a few years ago, where he now helps others achieve their financial goals through real estate investing. When Shane isn't discussing investment properties, he enjoys playing sports, including basketball, golf, and snowboarding. He also loves watching his kids' soccer games.     CONNECT WITH SHANE Website: RP Capital LinkedIn: Shane Thompson     CONNECT WITH US: If you need help with anything in real estate, please email invest@rpcinvest.com  Reach Ron: RP Capital Leave podcast reviews and topic suggestions: iTunes Subscribe and get additional info: Get Real Estate Success Facebook Group: Cash Flow Property Facebook Community Instagram: @ronphillips_ YouTube: RpCapital Get the latest trends and insights: RP Capital Newsletter  

Today, we tackle a question from Patrick about the nuances of capital gains taxes on the sale of a primary residence. We break down how community property laws can impact your tax liability, the role of improvements in calculating your cost basis, and other key considerations to keep in mind when selling your home. If you're thinking, "I love the Big Picture Retirement podcast!” please consider rating and reviewing this show! This helps us support more people -- just like you -- move toward a confident retirement. Just scroll down to the “ratings and reviews” section, tap to rate with five stars, and select “Write a Review.” Then be sure to let us know what you loved most about the episode! Also, if you haven't done so already, follow the podcast. We add new content every week, and if you're not following, you'll likely miss out. Follow now!  Don't miss the Big Picture Retirement Planning Cheat Sheet. We've distilled the essential brackets, thresholds, and rules of retirement into an easy-to-digest, three-page summary. https://www.carrolladvisory.com/pl/2148282517  Want to ask Devin or John your question? Just visit https://www.bigpictureretirement.com/ and click on the “Ask A Question” menu selection.  Although this show does not provide specific tax, legal, or financial advice, you can engage Devin or John through their individual firms.  Contact Devin's team at https://www.carrolladvisory.com/  Contact John's team at https://www.rossandshoalmire.com/   

Maximize Your Wealth: Understanding Capital Gains Tax Strategies | With Cody Garrett This episode dives into the strategy of capital gains harvesting, explaining how it can help individuals minimize taxes on investments and potentially realize tax-free income. We break down how this approach fits into financial independence planning, including key comparisons between capital gains and ordinary income, real-life scenarios, and important health insurance considerations for early retirement. What strategies can you use to reduce your tax burden during retirement? How can understanding capital gains impact your long-term financial decisions? What role does income management play in health insurance planning for early retirement?   Chapter Markers: [00:00:00] Introduction to Capital Gains Harvesting [00:01:38] Understanding Income Tax and Capital Gains [00:05:22] Tax Rate Comparisons: Ordinary vs. Capital Gains [00:20:07] Real-Life Case Studies [00:49:34] Key Takeaways and Best Practices Key Takeaways: Understand your capital gains tax rates to optimize when to sell investments. Use capital gains harvesting to realize profits without tax penalties. Plan retirement income carefully to maintain eligibility for health insurance subsidies. Links & Resources: Measure Twice Money Measure Twice Money YouTube Channel