The tax code for gold and silver investing
While there’s increasing attention placed on the benefits of owning physical precious metals, what doesn’t get as much discussion are the tax policies surrounding gold and silver investing.
So in today’s show I’m joined by Nathan Wilson and Amanda Lehmann of Independence Money, who help their clients devise strategies to minimize the amount of tax they end up paying.
In the call they talk about the rate that gold and silver gains are taxed at, IRA structures that can help to reduce that, and the different types of gold and silver that are eligible for those programs.
So while you’ll still need to consult your own personal tax professional, for some ideas on how to get started and what you’ll want to consider, click to watch the video now!
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And remember to get outside and have some fun every once in a while!:)
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LEARN MORE ABOUT: Precious Metals IRAs
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
REVEALED: Best Investment During Inflation
It's not an investment its a store of value that won't go to zero, that you leave to your kids with a stepped up basis hopefully.
Paying tax is like accommodating the thief that breaks into your house. Read the fucking constitution, any law that contradicts the constitution is null and void!! That's what these taxes are..
Sovereign citizens taxes are 0%
One can also do some charitable giving things with metals vs taxes.
I wasn't expecting to pick up any gold today, but that's what this video gave me. Thank you!
Can you make a video explaining how beginners can make huge profit within a short period of time? I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how.
Excellent report
The solution is to sell person-to-person in cash or to the dealer for cash. No taxes. And if they ban cash use a privacy coin token
Thank you for the great video. I do have a question.
If purchasing gold/silver bullion (Canadian Maples) using credit card will this be taxed or is this for future taxes will be coming when buying?
Does this only apply to US or Canada as well?
Thank you!
Why not buy physical, put it under your bed, then you don't have to pay fkall?
So if you get change; say ten dimes for a dollar bill, you owe the gummint 28c? Yup says the potato and the 100,000 Federal Revenue intimidators. You get one hour in jail for every dollar you ‘short change’ Socialists.