20min chapter

Get Creative with Pace Morby cover image

How to Legally Avoid Paying Taxes

Get Creative with Pace Morby

CHAPTER

Tax Strategies through Real Estate Investment

This chapter explores the legal tactics for minimizing tax obligations via real estate investments, addressing how the IRS incentivizes such transactions. The discussion highlights the challenges faced by W-2 earners compared to entrepreneurs and the strategic use of business deductions and depreciation. Personal experiences with CPAs and insights into the financial repercussions of taxes on a $150,000 income further illustrate the importance of understanding the tax code for effective financial management.

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