Linda McKnight

WORK HISTORY

ABOUT LINDA MCKNIGHT

Linda McKnight has been a real estate professional and private money lender since 2006 and is the founder of Keep Your Wealth Sales Solutions. Keep Your Wealth is an organization dedicated to helping sellers of highly appreciated property protect their wealth. As an authority in both residential and investment property tax deferral, Linda’s focus is to help her clients preserve as much of their equity as absolutely possible at the time of sale. Her inspiration for Keep Your Wealth was born out of resolving a sizable tax problem her own family faced. After substantial research on her part, an IRS approved solution was found and the end result was zero taxes were paid. From this experience, Linda has continued to educate herself on varying methods sellers can employ to minimize or eliminate their capital gains tax liability due upon sale. Ever since, she has been an enthusiastic advocate of these strategies and has worked to educate her clients so they can reap the benefits of utilizing them. Moreover, Linda believes selling highly appreciated assets is a team sport. To complement her real estate services, she maintains a database of tax and legal professionals, appraisers, financial planners and retirement specialist who bring their particular areas of expertise to help her clients wholly reach their financial goals. Her experience has taught her that sellers of highly appreciated assets have 3 choices: 1) Pay the tax at time of sale. 2) Keep the asset. 3) Use an IRS approved mechanism for deferring the tax until a later date. Generally, deferring the tax enables sellers to move forward with their plans while maintaining their equity position. Often, tax deferral is the preferred choice. Beyond her tenure in real estate, Linda has a long history as an entrepreneur. Her early small business experience comes from her involvement in her family’s child care business and served as one of their facility directors.