Timothy Sumer

▸▸▸Enroll in our Stock Market Investing Course for Financial Independence and Retiring Early: Enroll in our new 21 module, 4-plus hour stock market investing course with more than 30 handouts of summary notes, homework assignments, and resources. Learn how to research and select investments, how to determine your asset allocation, how to rebalance your portfolio, how to optimize your investments for tax purposes, how to automate your investments, and much more (including a 19-page Investment Plan to work on)! ▸▸▸Enroll in our FIRE Master Class: This FIRE Master Class is designed for people interested in pursuing financial independence and retiring early. In the Master Class, we explain how to live off of your investments during early retirement; how to withdraw money from your investment accounts to support your living expenses during retirement; how to calculate your FIRE number; new and creative ways that you can save money; new side hustles for making money; how to inv...

Watch this video to learn about IRA beneficiary trusts and if you are in need of one. An estate plan lays out what happens to your assets when you pass on and explains what you want loved ones and caretakers to do if you become incapacitated and can no longer take care of yourself. Our highly experienced estate attorneys have helped hundreds of clients protect their loved ones from the probate courts, conservatorship hearings and estate taxes. To schedule a free consultation, call our offices at Irvine at 949-979-6551 or Huntington Beach at 714-844-0427. You can also visit our website at www.mycaliforniaestate.com for more info.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA OC Wills & Trust Attorneys - What are the benefits of an IRA beneficiary trust? An IRA beneficiary trust is a legal tool that can provide several benefits to bo...

Are you worried about the taxes if you sell your inherited property? Do you know what taxes you will have to pay? When you inherit a property the tax rules are different than if it is your primary home or rental home. Watch this video to learn about capital gains tax on inherited property and learn what things some things that you can do to pay less capital gains tax on your inherited property. Please do SUBSCRIBE and click the bell icon(🔔 ) to get notified about new videos (uploading every week). Follow #NickDisney or #SellmySanAntoniohouse on Social Media: Website:- Instagram:- Facebook:- Twitter:- LinkedIn:- Pinterest:- ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Do I Have To Pay Capital Gains Tax On An Inherited Property? Inheriting a property can bring about a wide range of emotions and responsibilities. While i...

The Rich TAX LoopHole, the Backdoor Roth IRA! Yes, this is a method used by the wealthy who cannot qualify for a regular Roth IRA. This method allows you to save hundreds of thousands of dollars on taxes, and its relatively simple. All you have to do is create both an IRA and a Roth IRA account, preferably at the same financial institution. then you fund your IRA, and transfer those funds to a Roth IRA. The key is that you make INDIRECT contributions to your Roth IRA, rather than DIRECT contributions! AWESOME! BUT! there are some key notes you have to look out for. In this video I cover what these accounts are and how you can take advantage of them in order to save on your tax obligations! SEEKING ALPHA LINK (59% OFF!!) with a 7-DAY FREE TRIAL CHAPTERS: 0:00 Introduction 0:20 Roth IRA 0:38 Traditional IRA 1:00 The benefits of Roth IRA & Examples 3:05 The PROBLEM with Roth IRA 3:33 Backdoor Roth IRA - the method 4:08 HOW to convert your funds from Traditional IRA to ...

Changes can be made to an IRA without tax consequences, and capital gains applies when money is taken out of the account. Watch Financial Issues Live Weekdays, 9/8c on Follow the Financial Issues Guide to Stock Buys & Sells: Download the FISM app today by searching for "FISM" or “FISM TV” in the Google Play Store or the Apple App Store. Like Financial Issues on Facebook: Follow Financial Issues on Donate today at Financial Issues Information given could be based upon time-sensitive market data or economic situations that are subject to change. © 2023 - FISM TV. All Rights Reserved.... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA When it comes to retirement planning , a traditional individual retirement account (IRA) is a popular option for many people. With the potential to save for retirement in a tax-advant...

14:33 I have sold real estate in 2022. Can I avoid capital gain taxes if I purchase real estate in 2022? 0:00 Intro 6:23 I am thinking about investing in a Bitcoin mining fund. We will take 90% depreciation in the first year. Can I use that loss to offset my gains over the next few years of the fund? Passive loss for passive gain? Welcome back to another installment of Tax Tuesday! There are a lot of questions to cover in this episode so tune in as Jeff Webb, CPA and Eliot Thomas, JD. break them down. Join us LIVE on Tax Tuesdays every other Tues 👉 8:40 Our business generated substantial income in 2022 as a single-member LLC. Can I create a new LLC, elect an S Corp status in 2022, then move income from our single-member LLC to a newly created S Corp, and be taxed as an S Corp for 2022? 11:12 Is it true that creating a revocable living trust will raise my capital gains taxes if I sell my primary residence home? If I transfer to my name, I must live in it for ...

Building Wealth in Changing Times FAQ & Open Forum on Deferred Sales Trust ⚠️Join Our No-Cost Deferred Sales Trust Mastermind every Friday 🚨 Selling an asset with at least $1M less gain and $1M net proceeds? Want to defer the capital gains tax? We can help you. 📞 Schedule a Strategic Call With Me or a Team Member To Learn If the Deferred Sales Trust is a good fit or not: I believe that "EVERYBODY NEEDS A CAPITAL GAINS TAX EXIT EXPERT" - Brett Swarts Do you want to exit your asset with an extra 25-50% of your gain or to help you achieve your goals? Have 40% estate tax challenges? Do you want your cash flow and tax flow to work harder for you? I can help. If you are serious about improving your odds to be successful in this uncertain marketplace, I will teach you how to become a 'Capital Gains Tax Exit Investor Expert', and show you how to exit and invest like a billionaire. Drawing from our unique past experiences, both g...

MAJOR changes may be on the horizon for individuals with high incomes and large balances in their IRAs and 401(k)s. I told you last week that Congress may be looking to crack down on the use of accounts like Roth IRAs by the wealthy, and such a proposal just hit the wire this week. There are lots of proposed changes from contribution rules to new RMDs to closing up the backdoor IRA for many investors. These are things we need to keep up with as retirement savers! Today, we will discuss: 1. What Congress is proposing 2. What these retirement plan regulations mean 3. How these regulations may impact your life and lead to more regulation in the future Begin your path to financial freedom today: Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a...

To avoid paying taxes on inherited stock, sell shares as close to the date of death as possible. This will help minimize capital gains and taxes charged. Watch Dan Live Weekdays, 9/8c on Follow Dan’s Guide to Stock Buys & Sells: Download the Free FISM App: Like Financial Issues on Facebook: Follow Financial Issues on Donate today at Financial Issues With Dan Celia September 27, 2021 Information given by Dan could be based upon time-sensitive market data or economic situations that are subject to change. © 2021 - FISM TV. All Rights Reserved.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/paying-taxes-on-inherited-stock/?feed_id=55595&_unique_id=63b095c509fd4 #Inflation #Retirement #GoldIRA #Wealth #Investing #analyst #annuity #biblicalinvest #biblicalinvesting #biblicallyrespon...

You have questions, Tom has answers! Send us topics and questions at or email us at asktom@talkmoneywithtom.com Visit Our Website: To book an introductory meeting with Tom: Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California. DISCLAIMER: The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Tom Vaughan and Retirement Capital Strategies are not responsible for investment actions taken by viewers. For more details, please read our full disclaimer at #investmentincome #retirementplanning #retirementsavings #retirementgoals #investmentstrategy #talkmoneywithtom #investing #...

Estate planning attorney Andrew Bethel discusses how to maximize your estate by minimizing three potential tax hits that dramatically lower how much you pass onto the next generation: inheritance taxes, estate taxes (death taxes), capital gains taxes, and gift taxes. Like us on Facebook - Check out our website - Sign up to our newsletter! - *Disclaimer* Viewing this video does not create the expectation of an Attorney-client relationship. The information from this video is for general information purposes only. Nothing should be taken as legal advice for any individual case or situation.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/how-to-minimize-inheritance-estate-capital-gains-taxes/?feed_id=52508&_unique_id=63a4b37497e44 #Inflation #Retirement #GoldIRA #Wealth #Investing #avoidinheritan...

Does your retirement tax plan include crucial estate planning strategies? Are using all of the tax savings strategies available to you? You can schedule an appointment with one of our Retirement Experts to look at your situation and help you plan for your future. Call us at (920) 544-0576 or go to Timestamps: 0:00 Does your tax plan end when you do? 0:43 Spousal Gifting for a Double Step-Up in Basis 4:46 Double Step-Up in Basis + Your Retirement Withdrawal Strategy 7:57 Unequal Beneficiaries for Maximum Tax Savings #EstatePlanning #TaxPlanning Disclaimer: This content is shown for illustrative purposes only. Every situation varies widely, and therefore the effectiveness of any strategies discussed on the Safeguard Wealth Management Youtube Channel will vary widely. Please use experienced help when implementing any retirement, tax, or estate planning strategy. - - - - - - - - - - - - - - - - - Always remember, "You Don't Need More Money; You Need a Better Plan...

You have questions, Tom has answers! Send us topics and questions at or email us at asktom@talkmoneywithtom.com Visit Our Website: To book an introductory meeting with Tom: Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California. DISCLAIMER: The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Tom Vaughan and Retirement Capital Strategies are not responsible for investment actions taken by viewers. For more details, please read our full disclaimer at #investmentincome #retirementplanning #retirementsavings #retirementgoals #investmentstrategy #talkmoneywithtom #inve...

Will beneficiaries get taxed on their inheritance? --------------------------------------- We do estate planning. We do probate. And we do it well. Our firm rests on three core pillars: 1. Family protection 2. Elimination of barriers to entry (we make it easy for you) 3. Estate tax reduction/elimination If you need estate planning or probate help, we should talk. The easiest way to do that is to click the link below and choose a date and time that work for you (over the phone or in person). Estate Planning - Probate - Christopher Small is the owner of CMS Law Firm LLC. He created it with one goal - help YOU live a great life and leave a great legacy. You'll find information here on estate planning, probate, revocable living trusts, irrevocable trusts, life insurance trusts, charitable giving, wills, trusts, power of attorney, medical power of attorney, trustee selection, and everything in between. ----------------------------- How to find me out there in th...