Reported about 22 hours ago
Wealthy investors utilize various clever strategies to minimize or avoid capital gains taxes. These include methods such as exchange funds, hedging through collars, charitable giving of appreciated securities, and investing in qualified opportunity zones for long-term gains. Some sophisticated techniques also involve borrowing against assets for liquidity while maintaining tax advantages. The article emphasizes the importance of navigating tax codes effectively and consulting with advisors to avoid pitfalls that could jeopardize financial futures overall.
Source: YAHOO