Capital Gains Tax explain in simple, and easy to understand terms. If you’re going to be doing any investing, it’s very important to understand capital gains tax. In this video, I’ll explain what capital gains are, tell you about how capital gains are taxed, and also explain capital losses. I’ll also touch on tax-loss harvesting and three exceptions to capital gains tax that you need to be aware and taking advantage of.
Do you think Step Up in Basis should be eliminated? Let me know in the comments.
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The Habit That Changed My Life: https://youtu.be/oL3eVoReKCQ
My Debt Free Story: https://youtu.be/F-y-NYitK7c
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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.
