Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 15 years ago,
Rich WeesePoster#2 Off Topic Contributor
- Real Estate Investor
- the villages, FL
- 3,497
- Votes |
- 5,700
- Posts
4th obstacle to creating real wealth
And by far, is income taxes. I know there are tremendous legal methods how to not pay income taxes, or to pay very little. Judge Learned Hand(his real name!) once said in a court case " it is the right of every American citizen to arrange his affairs in the best manner possible to pay as little in income taxes as possible."
What are some of your ways to accomplish this? If you can bypass or overcome this obstacle, you have a real chance of creating wealth in this country. Remember, income is not wealth. Think about it. This is the 4th obstacle. You can find the other 3 on the Blog page. I'll give my ideas on this subject at a later time. Lets' see some of the other ideas. Rich in Fl.