Dec 12, 2019
In episode 215 of Financially Simple, Justin continues his examination of reducing tax costs when selling Real Estate.
When selling property, the 1031 Exchange route might not be the best option with so many disadvantages. So, what other options are there? Justin explains the Opportunity Zone, what it is, how it works, and provides a case study example of Comprehensive Tax Planning.
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00:54 - How to Minimize Taxes When Selling Real Estate: Part 2
01:54 - The O-Zone
03:49 - Tax Advantages of Investing in O-Zones
05:11 - The Process
06:43 - Case Study Example
08:35 - The Fourth Strategy: Comprehensive Tax Planning
13:20 - Conclusion
14:12 - Wrap Up
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Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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