We get a lot of questions about capital gains. Are they good? Bad? Does it just depend? In this episode, our resident tax experts — Shareholder and Tax Vice President Kayce Gerlach and Senior Associate Garth Sandberg — give you just enough details without bogging you down with too much information. So, you’ll learn about what capital gains are, what they mean for stocks, how they affect the sale of your home or rental property, what a “wash sale” is (spoiler: not money laundering), and a whole lot more. Listen in to get them gainz!
We talked about step-up in basis back in our end-of-life planning podcast
Short-term vs. long-term gains, according to the IRS
What the IRS has to say about capital gains when you sell your home
What about dividends?
How do realized vs. unrealized gains work?
Ooo! Remember NIIT? No? Well, here’s some details, straight from the IRS
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