Sell Truth Social Stock Without Paying Taxes: Tips for Trump

Former President Donald Trump’s latest venture into the social media world with Truth Social has been making headlines, but not just for its content. Forbes reporter Kyle Khan Mullis recently discussed how Trump could potentially sell his Truth Social stock without paying a dime in taxes, potentially saving him over $700 million.

In a recent episode of ‘Forbes Talks,’ Mullis joined Forbes reporter Brittany Lewis to delve into the details of Trump’s Truth Social earnings and the potential tax implications. Despite the rumors and speculations, the president-elect has stated that he has no intentions of selling his shares in the social media platform.

According to Mullis, there is a strategy that Trump could employ to sell his stock without incurring any taxes. By utilizing certain tax laws and loopholes, Trump could potentially save a significant amount of money on capital gains taxes.

The full story can be found on Forbes’ website, providing a detailed breakdown of Trump’s potential tax-saving strategies when it comes to selling his Truth Social shares. The article discusses the various options available to Trump and highlights the importance of tax planning for high-net-worth individuals like him.

With Forbes’ premium journalism and in-depth reporting, readers can gain a better understanding of the financial implications of Trump’s Truth Social venture. The platform offers exclusive access to breaking news, insightful articles, and expert analysis, making it a valuable resource for individuals looking to stay informed on the latest developments in the business world.

As Trump continues to navigate the world of social media with Truth Social, it will be interesting to see how he manages his stock holdings and finances. With the help of Forbes’ coverage and expert analysis, readers can stay informed on the latest developments and insights into Trump’s financial decisions.