"The tax code is a rulebook—those who understand the rules pay less."
Most people don’t realize that the IRS tax code is built to benefit business owners and investors, not employees. If you don’t know how to navigate the system, you’re likely paying more than you need to. In this episode, Jaspreet breaks down seven key tax loopholes that the wealthy use to keep more of their money legally.
Here’s what you’ll learn:
- How Section 179 allows business owners to write off big purchases (like a G-Wagon)
- The power of real estate depreciation and how it reduces taxable income
- Why the real estate professional designation can be a game-changer
- How the 1031 exchange lets investors defer taxes indefinitely
- The key to maximizing business tax write-offs with “ordinary and necessary” expenses
- How S-corp payroll strategies can cut self-employment taxes
- A bonus strategy to legally protect your assets from lawsuits
If you want to stop overpaying on taxes and start using the system to your advantage, this episode is for you.
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Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).
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