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157 \\ Capital Gains Tax on Your Home Sale? Here’s How to Legally Reduce Your Bill
Manage episode 450784257 series 3399967
Контент предоставлен Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
In this episode, we dive into the tricky world of taxes after selling your home at a big profit. With housing prices high, many people are making great returns, but are caught off-guard by large tax bills. I share a real-life case where my client made $800,000 on a home sale and wanted to keep as much of it as possible.
We discuss key strategies, like the IRS’s $500,000 capital gains exclusion, options for reinvesting gains, and other powerful ways to cut down tax bills. Plus, I cover the pros and cons of investing in Qualified Opportunity Zones and oil and gas strategies to minimize taxes. If you’re looking to sell your home and want to keep more in your pocket, this episode is packed with practical, money-saving tips that anyone can use.
Listen in and learn how to keep more of what you earn!
Next Steps:
☎️ Find out how much you're overpaying in taxes every year! Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/
📧 Contact Me --> hello@phillipsbusinessgroup.com
📲 Follow me on IG @ the.tiffany.p.cpa
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