If you’ve just sold your business, sold a property, or made a fistful in Crypto—congrats! That’s a huge milestone. But now you’re staring down a different kind of challenge: capital gains taxes. What if there was a way to defer those taxes, grow your wealth tax-free, and reinvest in communities
The term boot is commonly used when discussing the tax consequences of an exchange. However, the term “boot” is not used in the Internal Revenue Code or the Regulations. Which is a source of confusion. The “Boot” received is the money or the fair market value of “other property” received
This is the belief that you own a “winner” and you will keep that winner for reasons that aren’t justified by the return. Owning companies is fun, and investors like to celebrate their victory over the market by stashing great stock picks in their “stock pickers trophy case.” This bias
