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8 Ways to LEGALLY Avoid Paying Taxes Like the Rich (Save 6 figures+ in Taxes!)

The Personal Finance Podcast

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How to Avoid Paying Taxes on Your Investments

The way to legally avoid paying taxes is to hold investments longer than a year in a taxwile brokerage. You can get child credits on things like day care, so you don't have to pay taxes on the amount of money that you pay for day care. If you sell your investments before you've held them for over a year, you're gon to pay a short term capital gains tax which is a much higher tax rate. The seventh way to legallyavoid paying taxes isto own your house for more than a year.

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