Financially Simple

In episode 161 of Financially Simple, Justin looks at ways to reduce or even avoid paying Capital Gains Tax. Capital Gains Tax is an Income Tax that is applied to any money you make from the sale of an Asset. Justin looks at several methods of minimizing or even eliminating the amount you could be liable for. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!  TRANSCRIPT/BLOG: BLOG: Minimize Capital Gains Taxes to Get a 0% Rate   TIME INDEX: 01:06 - How to Pay 0 Taxes on Capital Gains Tax 01:21 - What is a Capital Gain? 01:44 - Short-Term Gains & Long-Term Gain 03:05 - The Magic Number 04:50 - Hold On 06:13 - Exclude Home Sales 07:45 - Rebalance With Dividends 09:19 - Use Tax-Advantaged Accounts 10:04 - Tax Loss Harvesting 11:59 - Carry Losses Over 14:30 - Wrap Up   USEFUL LINKS: Financially Simple Financially Simple on Facebook Financially Simple on Twitter Financially Simple: The Ultimate Sale - Get the Book Here! Selling Home CGT Taxes on Your Retir