Most people with real estate portfolios track the fair market value of each property and the purchase price.There is a third, very important calculation you need to consider.How much are your capital gains taxes going to be when you pass these properties down to your children?In this podcast, I explain how to calculate the capital gains taxes, and most imporantly, how to pay for these taxes in a very efficient manner.Spotify: https://open.spotify.com/show/624XIhn

YouTube: https://www.youtube.com/channel/UCpvujpE0yjPzxzILTSzeRug

Apple Podcasts: https://podcasts.apple.com/us/podcast/mike-check-1-2-1-2/id1608028798Anchor: https://anchor.fm/michael-dutra

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Disclaimer: These podcasts discuss strategies, concepts, illustrations & more. Personal details need to be obtained and a thorough review of all concepts before implementing any of them. Please consult the appropriate professional(s) including but not limited to insurance, tax and estate planning before making any final decisions. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before implementing any transaction. Financial Underwriting may be required for this strategy.