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You Might Have to Sell Your Home to Pay This New Tax!
You Might Have to Sell Your Home to Pay This New Tax!
In this video, we dive deep into the unrealized capital gains tax, one of the most confusing and controversial proposals in recent tax policy. Imagine owning a $500,000 home that increases in value to $550,000 — but even though you haven’t sold it, you'd still be taxed on the $50,000 gain!
We’ll discuss what this means for homeowners, business owners, and real estate investors. CPA Tom Wheelwright will share expert insights on how this tax could evolve to impact even those with much smaller assets, and how other tax proposals, like the elimination of the 1031 exchange, could shape the future of real estate.
Whether you're concerned about double taxation, estate taxes, or capital gains on gifts, this video covers it all. Stay informed about how these changes could affect your financial planning. Don't miss out on the crucial details that could protect your wealth.🏡 Ready to buy a freedom-producing income stream? Book a free coaching call: https://gremarketplace.com/coach/
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