Kevin O'Leary Warns Don’t Make This Tax Mistake When Passing Your Home to Your Kids скачать в хорошем качестве

Kevin O'Leary Warns Don’t Make This Tax Mistake When Passing Your Home to Your Kids

Most homeowners accidentally trigger massive capital gains taxes when passing a house to their kids. One wrong move can erase $100,000–$600,000 of family wealth in 2025 and beyond. Kevin O’Leary breaks down the most common estate planning mistake in America: adding your children to your home’s deed while you’re still alive. It sounds smart. It avoids probate. But it quietly destroys the step-up in basis and hands the IRS a huge check when your kids sell. Using real numbers and real tax law, this video explains how capital gains, cost basis, and long-term investing rules actually work—and why “doing nothing” is often the Warren Buffett–style decision. If your home makes up most of your net worth, this is not a small technical detail. It’s the difference between preserving generational wealth and losing it to unnecessary taxes. You’ll learn: • Why gifting a home can trigger six-figure capital gains taxes • How the step-up in basis protects wealth when assets transfer correctly • Why probate fear leads to bad financial decisions • How a revocable living trust can avoid probate without destroying tax efficiency • What homeowners should be doing now to protect their family in 2025 and 2026 This is long-term thinking, tax-aware investing, and wealth preservation—applied to the asset most families depend on. #KevinOLeary #WarrenBuffettInvesting #EstatePlanning #CapitalGainsTax #LongTermWealth #SmartInvesting