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  • 🎉 Latest CFP Exam Podcast Updates: Tax Episode 1-5

🎉 Latest CFP Exam Podcast Updates: Tax Episode 1-5

Let's Ace Tax Together! 🚀

Hello financial rockstars! 🌟 I'm excited to share some fresh episodes from my podcast, designed specifically to help you (and me!) conquer the Tax section of the CFP Exam. 📚🎧

This podcast journey is all about simplifying complex concepts, and believe me, tax topics need that extra clarity. Here's what's new:

Episode 🎙️

Topic 📌

Key Highlights 💡

1️⃣

Types of Assets 🏦

Understanding Capital, Section 1231, and Ordinary Income Assets. Learn which assets fall into each category and why it matters!

2️⃣

Cost Basis 💰

Master how to calculate your original cost basis, including purchase price, sales tax, freight, and more!

3️⃣

Adjustments to Basis ⚖️

Discover what increases or decreases your cost basis—think capital improvements versus depreciation.

4️⃣

Inherited Property Basis 🏡

Decode the basis calculation for inherited property and why it’s always considered long-term.

5️⃣

Gifted Property Basis 🎁

Navigate the tricky rules of gifted property basis, including exceptions for appreciated properties and losses.

🌟 Why follow the podcast? 🌟

The CFP Exam is notoriously tough, and documenting my study notes through this podcast has been my way of keeping things organized—and helping you prepare at the same time! 📖✨

🔗 Explore more exam prep content: Open Exam Prep

Let’s make studying enjoyable and effective—one podcast at a time. 💪😄

Happy learning!

🎧 Subscribe & Stay Tuned! 🚀