A tax-saving strategy seminar for high-income earners will be held on Saturday, the 17th, from 12:00-3:00 PM at Hi-Calling Financial (10505 Judicial Dr. #300) in Fairfax. CPA Kim Woon-soo (pictured) and Karen Ahn, CEO of Hi-Calling Financial, will present various legal tax-saving strategies utilizing real estate and finance.<\/p>\n
Under the theme of “How to Save Taxes Like President Donald Trump,” CPA Kim will explain the investment structures utilized by high-income earners. Kim emphasized, “The wealthy don’t just use their own money when investing; they also utilize bank funds to maximize both tax savings and profits.” He added, “If you invest 30% of your own money and 70% with a bank loan, you’ll generate profits based on 100% of the total amount, but you can structurally reduce taxes.”<\/p>\n
Another topic will be the 1031 Exchange strategy, which allows investors to defer capital gains taxes by reinvesting sale proceeds into a similar investment property. According to CPA Kim, for example, if a $5 million commercial property is sold and then repurchased within six months, capital gains taxes are not due.<\/p>\n
Furthermore, the seminar will discuss ways to reduce taxes by selling a commercial property, purchasing a smaller one, and then transferring the remaining funds through inheritance or other means. CPA Kim stated, “Many Korean retirees seek to secure a steady income through rental housing,” and added, “We will also discuss various tax-saving strategies related to rental properties.”<\/p>\n
The seminar will also introduce pension products, which provide retirees with a stable, lifelong cash flow like a monthly salary.<\/p>\n
Reservations are limited to the first 10 applicants, and free consultations will be available after the seminar. Reservations: (703) 688-2645 Karen Ahn<\/p>\n","protected":false},"excerpt":{"rendered":"