In this episode of the Stop Paying Capital Gains, NOW! Podcast Sally Gimon talks about the differences between short-term and long-term capital gains, how to save money by setting up a beneficial trust, and how to use a 1031 exchange. She also gives examples of how her clients have used the trust to save money, such as capital gains for real estate, stock dividends, interest income, rent rolls, and royalties.
Put your capital gains in trust and your future in Sally's hands!
Outline of this episode with timestamp:
0:02 Stop paying capital gains now.
1:42 A Look at the Impact of Long-term vs Short-term Gains"
3:49 Navigating the Complexities of Spendthrift Trusts
5:22 How to Protect Your Interest Income, Rent Rolls, Royalties, and Business Sales
7:02 How a Beneficial Trust Can Save You Money on Real Estate and Business Sales
8:57 Maximizing Savings and Protecting Your Wealth
10:46 How a Specialized Trust Can Save You Money on Real Estate, Business Sales, and More
This episode covers the following:
• Difference between short-term and long-term capital gains
• Current short-term and long-term capital gains rates in the US
• Using a trust to save on capital gains
• Benefits of a beneficial trust
• Examples of how a trust can save you on capital gains, interest income, dividend income, rent rolls, and royalties
• How to set up a trust
About Sally Gimon:
Real estate expert Sally Marie Gimon was recently featured in Authority Magazine, discussing Infinite Wealth Strategies. Gimon, who holds a weekly mastermind for her Real Estate group that reaches over 800 investors, also hosts a weekly show called "Money Secrets" on Win, Win Women TV. In addition, Gimon announced she will launch a new podcast called "Stop Paying Capital Gains, now!" She is a regularly featured expert guest on podcasts and summits.
Sally is a wealth-building expert. She is a real estate expert and has been a licensed life insurance agent for 19 years. Sally uses proven wealth-building programs such as the Infinite Banking system and Spendthrift Trusts. She assists consumers in becoming debt-free in less time, saving money on capital gains, and protecting financial investments. Sally leads a weekly mastermind for her Real Estate group of over 800 investors, and she broadcasts "Money Secrets" weekly on Win-Win Women TV.
A Spendthrift Trust defers Capital Gains into infinity, becomes judgment-proof, and information is 100% private. Gimon offers a FREE Report that teaches how to start benefiting from Day 1.
Resource Links:
Learn more at www.TheTrustIsYou.com
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