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Control and Compound with Darren Mitchell

ATTENTION Business Owners: Pay LESS Tax When You Sell Your Business | Here's How

07 Mar 2024

Description

On today's episode, Darren and Christina are chatting about the lifetime capital gains exemption that can be used by small business owners with a corporation among others to save on some of the tax when selling. They chat about how the exemption works, who's eligible, and different ways you can apply it. Tune in now! Show notes: 00:00 - Introduction 1:40 - What is the lifetime capital gains exemption? 5:30 - Assets that will qualify for the exemption 6:15 - Looking at example of selling a business with lifetime capital gains exemption 10:30 - Can you multiply the capital gains exemption? 12:05 - What is a qualified small business? TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/contact-us FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

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