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WCI #353: Lesser Known Tax Strategies

White Coat Investor Podcast

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Exploring Controversial Tax Deductions

This chapter delves into two controversial tax deductions: cost segregation studies for real estate investments and qualified personal residence trusts (QPRT). The hosts emphasize the need for caution and qualification when considering these deductions, highlighting potential drawbacks and complications. They also touch on other tax deductions such as estate tax exemptions, section 179 deduction for vehicles, and the requirements for deducting home office and commuting expenses.

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