Not exact matches
What's notable here is that digital currency
investors aren't necessarily going to be provided a 1099
come tax time from cryptocurrency exchanges.
Many
investors find that their most appreciated assets
come in the form of real estate — a piece of raw land, an investment property or a vacation home — that has been held for a long period of
time and could create significant capital gains
taxes when sold.
An advisor can help minimize an
investor's
tax burden in two ways: first, by efficiently allocating assets between taxable and
tax - advantaged accounts; and second, when the
time comes to withdraw money by developing a
tax - smart distribution plan.
The benefits to having leveraged exposure to the market through mutual funds is similar to the benefits of non-leveraged mutual funds, but they also allow an
investor to build wealth using other people's money, boost their returns, and allow for interest deductions
come tax time.
According to our research, an advisor can help minimize an
investor's
tax burden in two ways: first, by efficiently allocating assets between taxable and
tax - advantaged accounts; and second, when the
time comes to withdraw money, such as for retirement, by developing a
tax - smart distribution plan.