5 • 829 Ratings
🗓️ 31 January 2023
⏱️ 19 minutes
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0:00.0 | Are your kitchen and bathroom way overdue for a remodel? |
0:04.0 | Well, I got the guy for you. |
0:05.2 | Call John Sellers at First Response Contracting, 484-256-7136, both residential and commercial services, and he's licensed and insured. |
0:15.4 | Call him at 484-256-7-136, First Response Contracting. |
0:23.4 | Hello, this is Brad Wiseman. You're listening to Real Estate and you. We are back, and we got a guest that is not in the studio. We are streaming today. That's right, streaming. Technology's working on our side. Thank goodness. But yes, we have an awesome guest here today. |
0:38.8 | I like to save money when I'm making money. So this guy here caught my attention because he has |
0:45.4 | something new that I've never heard of before. It's called Deferred Sales Trust. His name is |
0:50.7 | Brett Swartz. He also does a podcast called Capital Gains Tax Solutions Podcasts. |
0:57.7 | Brett, welcome to the show. |
0:58.7 | How are you doing, man? |
0:59.6 | Brad, I'm excited to be here and add some value to you and your listeners. |
1:02.6 | Oh, this is going to be great. |
1:03.7 | I know you're going to add value. |
1:04.9 | You're going to save money for people. |
1:06.1 | That's what I look at. |
1:07.0 | So let's talk about this deferred sales trust. |
1:10.0 | What is this? |
1:11.4 | And how comes I've never heard of it before? |
1:13.7 | Yeah, you know, most high net worth individuals, whether it be real estate investors or business owners, cryptocurrency owners, they struggle with capital gains tax when they go to sell their highly appreciated assets. |
1:23.4 | And we use this deferred sales trust to unlock tax deferral, liquidity, diversification, |
1:29.2 | and the ability to buy and sell assets at any time without having to suffer the tax consequence, |
1:35.3 | right? It's 25 to 50% of their gain is going to be wiped out by capital gains tax. |
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