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If you're planning to sell your business, when you structure the sale could make a massive difference in what you ultimately keep.
In this video, Andrew Cordle breaks down a $3 million business sale and explains why waiting until you're ready to sell may leave you with very limited options for reducing your capital gains tax.
You'll learn:
* Why tax structure needs to come before tax strategy
* Why planning years before a business sale matters
* How capital gains can flow through your tax return
* How net operating losses and carry forward losses may factor into planning
* Why delaying the timing of a sale can potentially open additional planning opportunities
* How wealthy entrepreneurs think about tax planning before a major liquidity event
The biggest takeaway: Don't wait until the deal is closing to start thinking about ta...