This chapter tell we about taxes and their impact tuch every phase of our invesment life. It's impact perativr that we always have a keem eye fixed on the effect of taxes on all our invesment decisions.
* know whether we stand to profit more from a taxable invesment.
* match passive loss invesments with passive income invesments to derive a full benefit from each.
*remember that you recieve the same write off from short and long term losses.
* capital gains arr treated as ordinary income.
*If you are having trouble understanding the tax laws gets help.
*take advantage of the free IRS publication.
Estate Planing
In this chapter tell we about using estate planning techniques is a personal and individual process best attacked by our own estate planning team. Not every professional is an estate planning expert. Look for team members with spevific experience in the estate planning process who will work closely with we and with one another.
No estate plan is pfect and no estate planner has all the answers, but a good plan and talented planner will offer opportunities to help we minimize taxes and more important , ensure that our assets are distributed to those people we wish to recive them.
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