The Dave Kittle Show

Century-Old Tax Strategy for Practice Owners When Exiting Your Physical Therapy Business with Paul Ranieri


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Selling your practice means gaining an income, and there are taxes to be paid by the seller as well as the new owner of the private practice. What are the things you need to consider in understanding the taxes that will help you in negotiating the sale that is advantageous to both seller and the buyer? What type of consultant will help you ensure that all tax implications are taken into account?


This week's The Dave Kittle Show episode, Dave Kittle will be joined by Paul Ranieri. Paul Ranieri is a Deferred Sales Trust Consultant for Engineered Capital Gains Solutions. As a DST Consultant, Paul actively networks with centers of influence, helping them drive value to their clients and businesses. His altruistic nature is exhibited as he engages with industry professionals and high net worth individuals to help them assess if the Deferred Sales Trust is the ideal tax solution for their needs.


Reach out to Paul Ranieri: https://www.linkedin.com/in/paul-ranieri 


We will touch on such topics as:

  • The benefits of using a deferred sales trust as a part of the client’s exit strategy and in changing the tax bill.  
  • How can the century-old tax strategy help the seller's potential in their financial situation when they are ready to prepare their exit or once they can sell their practice with a big lump sum of cash? 
  • How can you take advantage of the deferred sales trust based on exit goals and strategy? 
  • When should a private practice owner reach out to a deferred sales trust consultant? 
  • How can you use real estate as an alternative plan in your exit strategy? 
  • What are the two sets of fees that you are going to pay, especially the cost to create the trust, indemnify the trust, and the audit protection?  
  • Why do you need to pay for capital gains when you touch your principle? 
  • Buyers can invest in other opportunities and keep that money tax deferred as long as it is an investment. 
  • What are the downsides of deferred sales trust?


P.S. Subscribe, rate, and review Here 


And, if you like what you hear from the host, Dave Kittle, then it's possible that he and his team, The Fieldmaker Group, may be interested in acquiring some or all of your physical therapy practice.


Connect with him on:

Email: [email protected]

Instagram: @davekittle

LinkedIn: https://www.linkedin.com/in/davekittle/

or

Call (646)-781-8884

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The Dave Kittle ShowBy Dave Kittle

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