Welcome back to The Richer Geek Podcast! Today, we have a fan favorite returning: Brett Swarts, Founder of Capital Gains Tax Solutions, an exclusive Deferred Sales Trust Trustee, and host of the Capital Gains Tax Solutions podcast. In this episode, Brett shares insights into common strategies for handling taxes with real estate transactions, demystifies the workings of a deferred sales trust, and discusses who it’s a good fit for and who it’s not. Plus, learn about Brett's best-selling book "Building A Capital Gains Tax Exit Plan," which topped the charts on Amazon in the Real Estate Wealth categories.

 

In this episode, we’re discussing…

• Overview of tax deferral landscape in 2024

• Potential changes in tax laws and implications for investors

• Understanding the role of Deferred Sales Trusts in wealth preservation

• Exploring strategies for diversification and liquidity

• Debunking myths and misconceptions surrounding tax deferral options

• Case studies illustrating successful implementation of Deferred Sales Trusts

• Combining 1031 exchanges with Deferred Sales Trusts for optimal results

• Building a comprehensive capital gains tax exit plan for long-term wealth preservation

• The significance of flexibility and freedom in tax planning strategies

Resources from Brett:

LinkedIn | Capital Gains Tax Solutions | Expert Tax Secrets 

Building A Capital Gains Tax Exit Plan by Brett Swarts

 

Resources from Mike and Nichole:

Gateway Private Equity Group | REI Words | Nic's guide