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Capital Gains Tax: What are they? & How to avoid them!

A recent proposal may dramatically increase the capital gain tax. So naturally, people have started to what capital gains tax rates are and how to avoid them in 2022. Subscribe: https://bit.ly/2HJlq46 Tax Preparation & Planning Services: https://bit.ly/3iC6FCI Invest in Real Estate with Fundrise: https://bit.ly/3diNU4D Most people know about capital gains tax from the real estate they own, but guys, the capital gains tax extends beyond just real estate You have capital gains taxes on stocks, capital gains on bonds, capital gains on business investments and the sale of a business, and even high-end jewelry are subject to capital gains taxes Now here’s the thing… when you fully understand capital gains taxes then guess what….? You are able to avoid them or at the very least strategize to minimize (ah i like that, strategize to minimize) your tax liability. So in this video, what I want to do is breakdown what capital gains taxes are, share examples with various assets, talk a little bit about what the taxes pay for and at the end share my personal opinion about the capital gains proposal. If that sounds good to you, then watch his entire video. Outline for Capital Gains Taxes in 2022: What are capital gain taxes?: (0:00) What are realized gains: (1:53) What are unrealized gains: (2:11) What are short term capital gains?: (3:00) What are long term capital gains?: (3:50) Example of long term capital gains: (4:30) History of capital gain tax: (6:34) Various assets with a capital gain tax: (8:27) Decision-making example to avoid capital gains tax: (9:07) What do capital gains taxes pay for?: (11:09) My personal opinion on capital gains tax proposed increase: (12:30) Want to learn more about LLCs? Watch our LLC playlist:    • The Best Business Entity to Save on T...   More Popular Uploads: 5 Grants to Start a Small Business:    • 5 Grants to Start a Small Business (f...   Single Member LLC, What You Must Know:    • Single Member LLC: What You Need to K...   Tax Planning for Beginners:    • How to Build a Tax Plan (Tax Planning...   Tax Secrets:    • Tax Secrets: What “They" Don’t Want Y...   How to Start a Business:    • How to Start a Business in 2024: Your...   /// Disclaimer: The information provided in this video is for entertainment purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live). // Credits Mariachi Snooze by Kevin MacLeod is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/... Source: http://incompetech.com/music/royalty-... Artist: http://incompetech.com/