Let’s Multiply Your Capital Gains Exemption

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Let’s Multiply Your Capital Gains Exemption

As a farmer, you have a lifetime exemption of one million dollar on the sale of farmland. If you exceed that amount, you could be looking at a large tax bill. Here is an option to increase your capital gains exemption.

In this video, we will show two things. First, when no plan is in place and the ensuing tax bill. Second, how your tax bill may be substantially decreased with the aid of using this approach. You will be amazed at the difference!

Now let’s find out if we can multiply your capital gains exemption![/vc_column_text][/vc_column][/vc_row]

Retirement Planning Toolkit

Apply These Ideas to Your Own Retirement

If this article raised questions about when to retire, how to create income, or how taxes fit into your plan, our Retirement Planning Toolkit will help you think through your next steps with clarity.

It includes the same practical checklists and planning frameworks we use with clients to help create steady, tax-efficient income in retirement.

Trans Canada Wealth Management is a Winnipeg-based wealth management firm specializing in retirement planning for pre-retirees and retirees. The firm focuses on helping Canadians navigate retirement, investment, and tax decisions with clarity and confidence.

Disclaimer: The views expressed are those of Trans Canada Wealth Management and are provided for informational purposes only. They do not necessarily reflect the views of Harbourfront Wealth Management Inc., a member of the Canadian Investor Protection Fund.