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Updated about 8 years ago on .

How do I invest with the least sting from IRS?
I will be receiving a stipend from my current employee and have heard of others claiming large amounts of dependents (W4 form) so that the monies can be deposited into an IRA. I want to make this money make me money in REI. Should I follow suit, put the funds into a retirement account, and THEN invest in real estate? Advice?