Capital gain

said number three was really important to you.

So the final round, round number seven, capital growth.

This is the decider.

And we paid Quartality a lot of money to actually get some good data on this.

So when we looked at the difference between new builds and existing properties and the difference in terms of the capital growth that you can get, the problem is, You can't just take a group of properties and say, well, those ones are new now and a group of existing properties and then try and match them up without following the actual journey that those properties go on.

So Cotelli took every property in 2008 and they split them.

into ones that were built that year and properties that were already existing.

So both had gone up, but in two cities you had a slightly different winner, not to any meaningful amount of difference though.

A little bit more recently, like, it was about right after the Ronaldo era, uh, they had, uh, the capital gains thing.

So this was called Plusvalenza, right, where they accused, I guess, accused Juve of kind of inflating player values, uh-

Yes

... during that period.

Why don't we just max out the Roth? You don't need it.

That's a, that's an easy move to make, right? Uh, in other calendar years, over the last six years, it's given us a great opportunity to do, to do some strategic rebalancing in her non-qualified accounts, because taxable income from all sources, we're looking at its, its non-qualified dividends, its earned interest, so we're, uh, from a, from an income standpoint, like, hey, we can do some strategic rebalancing here, and your long-term capital gains rate is 0%.

So there's been a lot of, of levers to look at, but the thing is, we have to evaluate and have those conversations every single year.

So evaluate and having those conversations.

So let's talk about the importance of Roth conversions and things that you should look at and how to actually execute these, looking at income, looking at various sources of income.

Let's also talk about, hey, are you receiving a tax credit from the ACA, Affordable Care Act, and maybe you sold some property.

Maybe you're running some capital gains.

Some things that you can strategically do to potentially offset that.

Does that mean anything? Does that mean not to a regular buyer or seller? One of the things that is, I don't know if it's, there's parts of it that are there.

There's a capital gains tax on home sales if you as an individual profit more than $250,000 on a house.

or if there's a married couple that sells their house and profits from $500,000.

Columbus, Ohio, that wasn't a big deal for the longest time.

Can you explain a little bit about how a capital gain might kick in, Craig, how it might kick in on a real-life basis here?

Yeah, and I think part of the government involvement, they're trying to figure out ways to... basically re-energize the housing market.

And the capital gains, I don't think it's been changed, the exemption.

It hasn't for 27 years.