Brian Boyd

You hold that asset for 10 years and on the disposition, you get a step up in basis at the fair market value.

I mean, that was designed just for real estate, and it's a game changer.

And if people would look at the tax code as what opportunities are available as opposed to what penalties am I trying to avoid, I think the mindset changes the paradigm, and that would really open up a lot of wealth creation for our listeners out there.

Yeah.

And you know, quite frankly,

I almost blame our educational system, right?

So we graduate high school and we don't know how to balance a checkbook.

We don't know anything about taxes.

We certainly don't know how to fill out a 1040EZ, which is the form you fill out when you're working at McDonald's in high school, right?

So we don't know anything about that.

It takes sitting down and actually saying, okay, this is a content that I don't know anything about.

And I've got to read it.

I've got to learn about it.

Well, how do you do that?

If you go to college and you major in accounting or you go to a community college and you get a bookkeeping background, that kind of gives you an entree in, but it doesn't really get deep into taxes.

You have to end up going to law school or getting a master's in taxation, which there are programs out there.

I did one.

And

The sad thing is taxes touch everything in our life, from sales tax to property tax to income tax to use tax.

There's a tax for everything.