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๐ŸŽ‰ Latest CFP Exam Podcast Updates: Tax Episode 1-5

Let's Ace Tax Together! ๐Ÿš€

Hello financial rockstars! ๐ŸŒŸ 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. ๐Ÿ“š๐ŸŽง

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

Episode ๐ŸŽ™๏ธ

Topic ๐Ÿ“Œ

Key Highlights ๐Ÿ’ก

1๏ธโƒฃ

Types of Assets ๐Ÿฆ

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

2๏ธโƒฃ

Cost Basis ๐Ÿ’ฐ

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

3๏ธโƒฃ

Adjustments to Basis โš–๏ธ

Discover what increases or decreases your cost basisโ€”think capital improvements versus depreciation.

4๏ธโƒฃ

Inherited Property Basis ๐Ÿก

Decode the basis calculation for inherited property and why itโ€™s always considered long-term.

5๏ธโƒฃ

Gifted Property Basis ๐ŸŽ

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

๐ŸŒŸ Why follow the podcast? ๐ŸŒŸ

The CFP Exam is notoriously tough, and documenting my study notes through this podcast has been my way of keeping things organizedโ€”and helping you prepare at the same time! ๐Ÿ“–โœจ

๐Ÿ”— Explore more exam prep content: Open Exam Prep

Letโ€™s make studying enjoyable and effectiveโ€”one podcast at a time. ๐Ÿ’ช๐Ÿ˜„

Happy learning!

๐ŸŽง Subscribe & Stay Tuned! ๐Ÿš€