Listen "083. What Biden's Tax Proposals Mean for Your Investments and Income | Austin Prevost"
Episode Synopsis
Ready to save $10k-$50k in taxes this year? Book a call here:► https://taxstrategy365.com/pod-appIn this episode of the LearnLikeaCPA Podcast, Ryan Bakke and Austin discuss President Biden’s proposed tax increases and their potential impacts. Dive into the details as they explore significant changes to tax policy and their effects on investors and the economy, like:- Proposed capital gains tax hike from 20% to 44.6%- Increase of the highest marginal tax bracket to nearly 40%- Doubling of Medicare taxes for individuals earning over $400k- Potential elimination of the 1031 exchange and its ramifications on real estate- Discussion on the broader economic and middle-class implications from these proposed tax changesTimestamps:00:00 Intro00:27 How capital gains may face 48-49% taxes.05:10 Why real estate investors hesitate to sell assets.08:58 How the government limits investor loans to boost housing affordability.10:14 The uncertainty about future tax.13:33 The intrinsic nature of real estate.Want me to answer your questions live? Come to my next Ask Me Anything Q&A:► https://taxstrategy365.com/pod-amaLet's connect!► Instagram: https://www.instagram.com/ryanbakkecpa/► LinkedIn: https://www.linkedin.com/in/learnlikeacpa/► Twitter: https://x.com/RyanBakkeCPA► Facebook: https://www.facebook.com/ryanbakkecpa► TikTok: https://www.tiktok.com/@ryanbakkecpa*None of this is meant to be specific investment advice, it's for entertainment purposes only.
More episodes of the podcast The Ryan Bakke Show
They Fired Their CPA And Saved $56k On Taxes
20/10/2025
Should You Start a STR Co Hosting Company?
25/08/2025
How To Sell a STR Without Paying Taxes
28/07/2025
Should You Sell an Underperforming STR?
21/07/2025