48 \\ Opportunity Zones: The Hidden Strategy to Eliminate Capital Gains Tax
- Author
- Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert
- Published
- Fri 20 Oct 2023
- Episode Link
- https://smallbusinessfinance.podbean.com/e/48-huge-capital-gains-tax-savings-strategy-for-investors/
Selling a business, property, or other investment and worried about a massive capital gains tax bill? In this episode, Tiffany explains how Opportunity Zones work and why this little-known strategy can defer, reduce, or even eliminate your capital gains tax entirely. You’ll learn what an Opportunity Zone is, where to find them, and the strict rules you must follow to qualify for these tax breaks. Tiffany breaks down step-ups in basis, the 5-, 7-, and 10-year benefits, and how reinvesting gains into these areas can turn a tax burden into a long-term wealth-building move. If you’re facing a big capital gains event and want actionable, advanced tax strategies, this episode will show you a legal, IRS-approved way to protect your profits.
Next Steps:
💰Pay Less in Taxes – Start Here! 💰
☎️ Are you overpaying in taxes every year? Schedule a FREE discovery call to find out!
📧 Contact Me --> [email protected]
📲 Follow me on IG @ the.tiffany.p.cpa
