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When you sell appreciated business interests, you could pay as much as 25 percent of the gain in taxes. Consider redirecting those tax dollars into kingdom work.
When selling appreciated business interests, you generally have two options:
Bob and Ellen have worked hard to build up their business. They've decided to sell their interest in the business and enjoy more time with kids and grandkids.
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The information contained herein is for explanatory purposes only and is not intended to be used as tax or legal advice. The Young Life Foundation recommends that you contact a professional tax advisor who can provide you with additional information on how the use of the above techniques and ideas may apply to your personal tax situation.