Sally Gimon on capital gains, tax strategies, and real estate deals using the subject-to strategy

Key Points

• Sally Gimon, a real estate investor and insurance agent, saved over six figures in taxes by using trusts, specifically a Spenser Trust, which she explains can significantly reduce various types of income taxes for investors.
• Through real estate investment strategies such as "subject to" deals and understanding pre-foreclosure processes, Sally managed to earn substantial profits while helping homeowners in distress, demonstrating the power of knowledge and timing in real estate.
• Sally emphasizes the importance of starting early in real estate investment and the powerful impact of saving on taxes, which can help investors like her and a traveling nurse client save large sums of money that can be reinvested or used for personal milestones.