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Capital Gains Tax on a House Sold from a TrustThe Motley Fool Form

Capital Gains Tax on a House Sold from a TrustThe Motley Fool Form

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one of the biggest problems when building a successful property portfolio is tax now it's actually a good thing because you only ever pay on the profits but in this video i want to deep dive how you can mitigate your tax in a legal and efficient way specifically with flips and capital gains tax and if you're interested in property and you're new to the channel and you want to learn more about property investment business and scaling a successful trip into financial freedom this is the channel for you so make sure to hit the subscribe button and if you get value from this video in particular make sure to hit the like button so it helps reach people just like you let's jump but what is capital gains tax so it was actually introduced in 1965 by a guy called james calligan when he was uh what was he was chancellor at the time and uh he thought yeah this would be a great opportunity to tax people and that's when capital gains tax was born and it was r

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