How Rich People Avoid Paying Taxes (And You Can Too)

In this video, I discuss how rich people lower their tax bills, and how you can use many of the same strategies.

Examples include:

1) Take advantage of rental property depreciation
2) Open up a Roth IRA
3) Take advantage of the stepped-up-basis loophole for stocks and real estate
4) Hold stocks for more than 1 year to take advantage of lower long-term capital gains rates
5) Try to borrow money at less than 2%, and let inflation work for you
6) Invest in start-ups and take advantage of QSBS
7) Move to a state with no state income tax
8) Take advantage of the 20% pass-through deduction
9) Set up a GRAT (Grantor Retained Annuity Trust)

Not investment advice or tax advice! Consult a financial adviser and tax adviser.

50 examples of Federal government waste:

Obama and Congress extend QSBS tax break:

How to use a Roth IRA to avoid taxes:

States with no income tax:

Zuckerberg's 1% mortgage:

QSBS tax exemption:

Amazon, Bezos, and taxes:

Mark Sisson moves to Florida:

Singapore tax guide:

St Bart's tax guide:

2020 Federal tax brackets:

2020 capital gains and dividend tax rates:

Rental property depreciation:

Stepped-up-basis tax loophole:

20% pass-through deduction:

Estate taxes by state:

Grantor Retained Annuity Trust (GRAT):

Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market":

If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here:

Use this secret coupon code to get a discount: YT99

#Taxes
#Billionaire

Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisers, registered investment advisers, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.

[StockInvestmentAnalysis]

Awesome video! I’ve been doing some of these like 2, 3, and 4 but I really need to step up my game. There’s so much more I should be doing.

[KunalBalani]

Great video Matt, some new opportunities I didn’t realized. I read many books related to finance watching your videos are very delightful. It’s like having a conversation with a smart friend. Love it!! Keep up the great work !

[tylerbetz]

Hey Matt, thanks for making the content based off my comment from a previous video! Very Valuable information. Appreciate what you do!

[kenyup]

Thanks for sharing your experience with us, really appreciate it

[fabianolomba]

👏🏽👏🏽Always great information.
Thank you for your Input🙏🏽

[melorder]

This is great. So many good ideas. Thank you.

[chrisUSA]

It's incredible what our government wastes money on. Excellent analysis and commentary - as always!

[jonathanli]

As always, love your content! On a side note, f you can kindly make a video on predictions/indicators on how the summer stock market might be like, that'd be much appreciated!

[trixiesiland]

Your comment about "knowing the money you have is really yours" is one I have repeated over & over throughout the years to my CPAs. So many tax strategies are deferring taxes, not actually avoiding them. I prefer peace of mind to money, always have.

[Lizochka]

Very valuable information, thank you!!

[thegoodolddays]

Thanks for all the free content.
If you dont know what to make another video about, can I suggest the deflation vs (hyper)inflation scenario. Whats coming right now. And maybe one on how the banking system works? Do banks create money out of thin air when they make loans?

[ULOVBLUES]

I don’t think I have EVER DISAGREED WITH YOU
YET

and it keeps me coming back for more because of the Detail and info you are willing to give to back any claim or opinion

[lifein]

Nice video, It gave me a break on my stocks. It's very informative. Thanks, it's a good break.

[CosmicCosmo]

Good stuff. I'm a CPA and Matthew identified most of the tax loopholes. Also, if you own your own company and incorporate as an S-Corp you can get out of paying most of the self-employment tax of 15.3%.

[thesuperiorman]

The content of your channel is excellent. Keep it up. I just sub'd

[freemarkethomestead]

Thanks heaps for this Video Matt. Do you think it's best for someone to pay off the home they live in before investing in other rental properties? Also, I'm in Australia and they are predicting house prices to drop by about 20 to 30% over the next year here. I am renting at the moment, and have put any side money in bitcoin and gold atm, should I keep renting and wait to buy once house prices come down in a few years?

[j.f.l.]

Great video as usual.
Would be interesting to see a video on the "Dark Pool" Thanks !

[Blackpiller]

You’re so woke and intelligent. The government could never employ you lol.

[mkothari]

you are a reasonable guy and dont have time for your course but hope in 6 months i retire and would have time. Thank you.

[franco]

Mathew, can you please do a video to educate us about the mechanics of money printing. For example, does every dollar come to life when the Fed buys treasuries? Does it mean that when the government pays back the Fed is like the Fed sucking money out of circulation?