Tax Savings Resources
What are the best tax savings resources?
Books:
Tax-Free Wealth by Tom Wheelwright is great holistic teaching from CPA for Robert Kiyosaki
The Power of Zero - help you plan now to get you to the 0% tax bracket
Podcasts:
Read my other favorite resources:
The money you can save by not paying more taxes can be an easy way to build wealth through investing.
Best strategies I’ve heard of:
invest in syndications that give you a negative loss on your passive income.
Many of my deals project a partial but substantial loss meaning any passive income from sources like (stocks, bonds, ETFs, real estate, business) the negative loss from the syndication would offset any gains you have.
Short Term tax loophole -if you qualify you can get substantial tax savings
Real Estate Professional Status - if you or your spouse qualify, can can offset ordinary W2 income with real estate losses.