Car Wash Cash Flow | Recession Resistant Income with Dave Zook
The Infinite Wealth Podcast
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Is Your Income Tax Efficient?
Dave Kotlikoff: When you can build income streams in a tax efficient way, that's how you get momentum. He says the key is to look at your income in sort of three different buckets. Those are capital gains, ordinary income, and then there's passive income - things like money loans or apartment building rents. And when you can identify what those asset classes are, they give you the depreciation level offset, he says.
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