Welcome to "Stop Paying Capital Gains, Now!" Join Sally Gimon as she shares her experience with wholesaling and how she saves thousands of dollars in capital gains by using Spendthrift Trust. Sally also discusses the legislation to raise short-term capital gains for people making more than $400,000 a year to 40% and how her trust can help save money on long-term capital gains. As a bonus, Sally presents a fun experiment where she asks if you would prefer a shiny penny that doubles every day or a $1 bill with six-year-olds representing a million dollars. Listen in for a valuable discussion on how to save money and stop paying capital gains.
Outline of this episode:
0:02 - Would You Rather Have a Million Dollars or a Shiny Penny that Doubles Every Day?
1:28 - Understanding the Odd Rule of Upset Bids in North Carolina's Real Estate Auctions
3:33 - The Benefits of Wholesaling and Saving on Short Term Capital Gains
4:56 - Passing Legislation to Increase Short Term Capital Gains
7:24 - How The Trust is You Can Help You Save on Long Term Capital Gains
8:28 - What You Need to Know About 1031 Exchanges
10:26 - Minimizing Taxes and Maximizing Your Legacy
12:51 - How The Trust Can Help You Achieve Your Financial Goals
14:20 - How The Trust Can Help Your Family Avoid Legal Hassles
15:15 - Your Partner in Achieving Financial Freedom and Security
This episode covers the following:
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.
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