Apr 5, 2023
This week’s episode of the Grow Money Business podcast features Dohn Thornton. He is a specialist in estate planning and joined us today to share his specific strategy to help business owners and real estate investors minimize taxation on their assets. Throughout the conversation, we cover Dohn’s background, the copyright story of the trust, the leaseback strategy, state taxes, and more.
[03.52] Dohn’s background – We start the conversation with a brief introduction to Dohn’s background.
[14.52] The copyright – We go through the story about the copyright of the trust.
[25.25] Leaseback strategy – Dohn defines the leaseback strategy and how it works.
[35.51] Own expenses – Dohn explains how the trust pays a third party in terms of the expenses of the trustee.
[44.31] State taxes – Dohn dives into how Internal Revenue Code Section 501(c)(3) relates to state taxes in the USA.
Resources
This FREE eBook Will Potentially Save You Hundreds Of Thousands Of Dollars Or More On Your Taxes
Connect with Dohn
LinkedIn - linkedin.com/in/dohn-thornton-26863b184/
Website - dohnthornton.now.site/home