How Affluent Clients Make Financial Decisions with Jonathan March

<p><strong>Topics covered and questions you’ll uncover during this episode:</strong></p><ul><li>The real reasons behind the unprecedented seller’s market over the last year, and why it’s not just low interest rates fueling this market</li><li>How the Tax Cuts and Jobs Act of 2017’s $750,000 mortgage cut for new home purchases is affecting buying decisions in the upper tier</li><li>What makes an ultra-high-net-worth or high-net-worth individual’s finances “complex”</li><li>Why most high-net-worth and ultra-high-net-worth individuals consider their tax professional their #1 most trusted adviser</li><li>How CPAs advise their affluent clients on real estate decisions, and why it’s primarily based on the amount of interest that is deductible</li><li>The influence of limited itemized deductions for high-net-worth and ultra-high-net-worth individuals on their decision to relocate</li><li>The importance of networking among luxury real estate professionals and CPAs</li><li>How Biden’s proposed tax plan affects the upper tier and why 2021 may be a better time for upper tier clients to sell their home if the proposed tax bills are passed</li><li>The current guidelines governing tax exemption on capital gains for single individuals and married couples</li></ul><p><strong>Resources mentioned within the</strong> <strong>episode:</strong></p><ul><li><a href="https://supremeauctions.com/">Supreme Auctions</a></li><li><a href="https://www.armaninollp.com/">Armanino</a></li><li><a href="https://www.luxuryhomemarketing.com/real-estate-agents/ILHM-luxury-report.html">The Luxury Market Report</a></li><li><a href="https://www.luxuryhomemarketing.com/real-estate-agents/home.html">The Institute for Luxury Home Marketing</a></li></ul>