Decreasing a gain may sound counterintuitive, but decreasing capital gains can actually save you money in taxes.
In this episode, Barry Watts and Eric Burlison dive into capital gains and possible strategies to decrease this tax. Discover the impact this can have on your taxes along with depreciation and appreciation.
In this episode you will learn:
- What capital gain is
- How taxes influence and are influenced by capital gain
- How depreciation and appreciation impact your capital gain
- How you can utilize the general power of attorney
- And more!
Tune in to discover tax savings and capital gain decreasing strategies!