3 - Tax-Saving Secrets for Ecommerce Entrepreneurs with The Trust is You's Sally Gimon

Your host, Mike Bryan, talks with the Owner of The Trust is You, Sally Gimon. Sally's journey to The Trust Is You began in October 2018, a time marked by personal hardship. Her mother fell ill during her nephew's wedding and was hospitalized for 15 months. This event brought Sally's world to a standstill. Despite the challenges, she managed to wholesale seven houses in 2019, demonstrating her resilience and business acumen.However, her financial success was not without its pitfalls. Sally faced unexpected tax issues and found herself on a payment plan with the IRS. It was in July 2020 that she made a successful real estate deal that allowed her to save on taxes by utilizing a trust.Sally explained the power of trusts and how they can help individuals save significant amounts of money on taxes. She shared success stories of clients who have benefited from using trusts as part of their financial strategy. Sally emphasized that sellers making around $75,000 a year in net profit should consider using a trust, as it can provide long-term benefits and save them hundreds of thousands of dollars.To learn more about Sally's work, click HERE and HERE.Think you'd be a great guest on the show? Apply HERE.Want to learn more about Mike's work? Check out his website at https://www.primesellersolutions.com/.