“RV Tax Planning?” by Chow – 12.8.21

Entry Submitted by Chow at 12:04 PM EST on December 8, 2021 The following is my opinion only: There is a lot of confusion/miss information what is or could be taxed when an exchange accrues or shortly after. 1st most agree there will be no tax taken out at the exchange , they are not playing tax man.  Where things get confusing is when you look at or use current tax planning rules.   1st you need to understand what types of tax that might apply to us/you * Tax on Ordinary income from interest or work * Tax on capital gains tax if you…