Hellow guys, Welcome to my website, and you are watching How to use your stock losses to reduce taxes - Tax Loss Harvesting. and this vIdeo is uploaded by Eric Seto, CPA at 2022-11-21T16:53:06-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | How to use your stock losses to reduce taxes - Tax Loss Harvesting |
| Video Uploader | Video From Eric Seto, CPA |
| Upload Date | This Video Uploaded At 22-11-2022 00:53:06 |
| Video Discription | Master this investing hack - Tax Loss Harvesting with this video. You will also learn how to avoid the wash sale rule. ❤️❤️ Master investing for next year: https://5mininvesting.com/free-case-study/?utm_source=YouTube+Description&utm_medium=YouTubeVideo&utm_campaign=Tax+Loss+Harvesting ❤️❤️ Join the waitlist for invest in my hedge fund? https://5mininvesting.com/subscribe-to-email/?utm_source=YouTube+Description&utm_medium=YouTubeVideo&utm_campaign=Tax+Loss+Harvesting As the end of the year is coming, I'm sure a lot of you have some losses in your portfolio. And when it comes to selling your position and recognizing a loss. It is called tax loss harvesting. In this video I'm gonna go through some of the pros and cons, how to do it and whether you should do it, and what is really the benefits of doing it, and what are some of the rules that you need to be aware of in case the tax authority comes back to you and say you can't recognize that loss. This is actually something we went through in investing accelerator this week, and I thought it would be very helpful for you to know as well. First of all, what is tax loss harvesting? It is a capital loss that can use to offset a capital gain within a non-registered account. So it just means that you're using your losses to offset any capital gain you have this year. And as the market is down significantly this year, and we're heading into December, chadar, you have some losses in your portfolio, whether you invested in technology stocks that drop significantly like medium to small tech, or you invested in some other industries like airlines that also went down as well. ❤️❤️ Master investing for next year: https://5mininvesting.com/free-case-study/?utm_source=YouTube+Description&utm_medium=YouTubeVideo&utm_campaign=Tax+Loss+Harvesting ❤️❤️ Join the waitlist for invest in my hedge fund? https://5mininvesting.com/subscribe-to-email/?utm_source=YouTube+Description&utm_medium=YouTubeVideo&utm_campaign=Tax+Loss+Harvesting |
| Category | Education |
| Tags | tax loss harvesting |
