That's a lot of tax is selling a business similar selling investment

property as far as like taxing.

Is it facing the same? that's going to be the nuances that depreciation certain businesses you're not depreciating certain ones you are certain businesses have equipment that you might be depreciating at a different schedule so the key is the question you want to ask yourself is what is my adjusted basis what is the estimated sales price what is my debt and and with those kind of those three things we can give you a good estimate of what your tax is going to be there's

been a lot of consolidation in the PM industry if someone was in today's just thinking about selling their company what are some things that they should think through before selling yeah

so we're in two states at all times peak we're either in the state of pain or the state of purpose right and this applies to our health or finances fate or family right and it's and especially when we go to exit highly appreciated businesses too this is all a part of that and you know some people are selling businesses because they want more time free location freedom financial freedom right entrepreneurial freedom or whatever it might be for them and there's some kind of pain that's going to maybe cause them to want to sell but there also could be some kind of purpose that they're trying to try to go to the first things you want to clarify you know what state are you in and what does it mean to be out of that pain and what does it mean to be moving into your purpose and then you want to at that point you have kind of the bigger why for the motivation behind it then you want to clarify the actual numbers you want to say okay what would it mean if I could increase my cash flow I can I can work and look at tax flow as a scenario to take tax when it's efficient what does it mean for time energy family friends all of the things that you might want to do or even start a new business right and then from that point you want to reverse engineer what tool what strategy what team is going to help you to execute that so those are my first steps I would say paint to that question

okay