2 Best Tax Strategies That The Wealthy Use 💰#shorts

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👨‍💻FREE LIVE Workshop Revealing How To Make $2500/Mo Per AirBNB Without Owning The Property.
(The Whole Process Takes 12 Weeks & $10,000 To Set Up.)
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Follow @thelegacyinvestingshow for all things personal finance, real estate, Airbnb and how to become financially free.

LegacyInvestingShow
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And don't forget that 180 days for that 1031!

Petee
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Can you use 1031 exchange on 2 properties lets say are worth 225k to purchase 1 property worth 500k?

josecesariogonzalez
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There's no accelerated depreciation on real estate. You can accelerate depr on a coin-op washing machine or an air conditioner or a water heater or a fence but not on the building itself.

alanpecherer
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How are you making a profit if the 1033 thing is being done? You're just selling and buying again no?

thevd
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Thats why real estate is so expensive. People use it as a loophole for taxes instead of homes to live. Those loopholes should be removed so that real estate is used only as places to live in.

Aymcana
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Hopefully this will help lol I just want to know tips on everything in the state of Utah too

TrippyLover
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Bro I need tips. I’m trying to use my va loan every year to buy a new rental property. I need to know all the tricks to maximize my taxes I can claim. Also some help generating the most passive income I can get from this venture

tmfishing
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Own 11million in property? Wow so unimpressive. So your net worth is negative 10 million.

rationalpear
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How much you pay for the cost seg study?

Goldebonde
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Wish you talked Lil slower not run threw all videos

carlosliriano
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hmmmm, i need to 1031 for a place in Hawaii

dustins