7 unique ways to cut your tax bill down! It’s tax season and while you hopefully made some great gains this year, that also means your tax bill is higher! By the end of this video you’ll understand where you’re getting taxed and how to get that bill in half or even get it down to zero!
TIMESTAMPS
00:00 – Intro
00:06 – Relocate
01:41 – Hold investments longer
03:00 – Conversions when market is down
04:48 – Crypto calculations
06:25 – Business expenses
08:20 – Tax-loss harvesting
09:48 – Real estate
12:47 – Retirement
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***THINGS MENTIONED IN THIS VIDEO! 👀***
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How to build wealth on autopilot, even if you’re scared, totally confused by financial jargon, and tend to get stuck in “analysis paralysis”.
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***BOOKS I RECOMMEND 📚***
I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
https://amzn.to/2VbJ1Pt
The Little Book of Common Sense Investing (Jack Bogle’s classic advice on index funds)
https://amzn.to/32ewzjj
InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
https://amzn.to/2SLTYpn
Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
https://amzn.to/2SKyklt
Rich Dad Poor Dad (#1 selling personal finance book of all time… need I say more?)
https://amzn.to/2SJ6vtx
Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
https://amzn.to/37N2adc
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***MY FAVORITE MONEY TOOLS 🖤***
YNAB (I literally can’t live without this budgeting app, so obsessed)
https://www.youneedabudget.com/?ref=YkZbz4082iUstrX7&utm_source=customer_referral
Wise (like Venmo but for international currencies – I use this app a LOT for my life in Mexico)
https://wise.prf.hn/l/413jE0q
High-Yield Savings Accounts (don’t settle for 0% when you can get 3%+ on your savings)
https://www.bankrate.com/landing/rose-han/best-savings-options-rosehan
Ledger Nano S (crypto storage hardware wallet, because “Not Your Keys, Not Your Crypto”!):
https://amzn.to/3Ne37jy
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DISCLAIMERS & DISCLOSURES ❤
This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!
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