0:01:34 - A proposed reform to the Capital Gains Tax looks promising. It would index the cost basis for inflation, thus saving on taxes at the point of sale.
0:04:49 - The Paul Manafort trial is all about hiding income to avoid taxes. Years before working for Trump, Manafort made millions in the Ukraine and surrounding areas, but hide it from the IRS to avoid taxes. Gregory believes its better to pay your taxes than go to jail.
0:13:16 - Gregory went to a back-breaking conference in the Bahamas: beautiful beaches, great food, and some financial wisdom.
0:16:33 - Gregory Ricks Live is coming to Ruth's Chris in Metairie September 12. This is your chance to meet Gregory Ricks, and find out more about what Gregory Ricks and Associates can do for your financial future. Learn about how to decode volatility, Social Security planning, how to generate income streams, tax strategies, and estate planning.
0:31:03 - What's up with REITs? Are they good investment tools? Gregory shares how to know which kind of Real Estate Investment Trust is a good investment. A primary consideration when evaluating a REIT is the exits. Can you get out of it? How long will it take? How much will it cost to exit early?
0:37:17 - Gregory gives you reasons you would need to use a trust. A trust is all about controlling your assets, and there's ways you can use trusts to protect and distribute your retirement assets specifically. There's also a few basic guidelines on when you do NOT need a trust.
0:44:21 - Harold in Gautier asks Gregory for his opininion on his household's financial situation. They are in retirement with enough assets to cover their income, and a house that's paid off with no other debts. Where are the holes in their financial planning that Harold hasn't thought of?
0:55:05 - What's the real deal behind those tax relief services you hear in advertisements? Jude Heath and Gregory Ricks agree there is no shortcuts to getting your taxes settled up. There may be ways you can get some help, but it's going to be through a proper CPA who specializes in taxes. Jude explains how unravelling the story behind back taxes may take a while, and the bigger issues make take longer, but Jude will get you on the path to recovery.
1:07:59 - Gregory and Jude analyze the Paul Manafort trial for evading taxes on foreign income.
1:12:21 - Lance in Biloxi is the executor of his elderly parents' trust, and wants Gregory's help making the best use of their assets to cover their long term care.
1:19:39 - Can you convert your IRA into a Roth IRA? Susan in New Orleans wants to know if she qualifies to convert her traditional IRA to Roth status.
1:28:34 - The Federal Reserve decides to keep the interest rates unchanged this week. Art Laffer explain the proposed reform that would index capital gains taxes for inflation.
1:32:12 - Apple becomes the first company to be worth more than $1 trillion. 20 years ago, it was almost bankrupt. It's an amazing story.
1:36:51 - Robert in Jackson has a friend who is inheriting an IRA left to her from her deceased son. Gregory Ricks spells out her options, decodes the taxes.
1:39:34 - What do I do with this old 401k? Sean in New Orleans has a 401k still sitting at the old job, and wants to know Gregory's ideas on what he should do with it.
1:43:45 - Dave in New Orleans was gifted his mother's house before she died. Now that he's going to sell it, what is tax exposure? Will he be charged capital gains for the entire value of the house?
1:48:47 - Ben in Laplace wants Gregory's opinion on how to handle a Securities Based Line of Credit as interest rates keep creeping up.
1:59:06 - Van Dyke in Oxford asks Gregory's opinion on how he has his retirement contributions set up in the company plan.
http://www.WinningAtLife.com