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Updated over 1 year ago, 04/18/2023

User Stats

53
Posts
8
Votes
Sam Tright
8
Votes |
53
Posts

What strategies are you using to minimize taxes?

Sam Tright
Posted
Since note dividends are taxed at the same rate as regular income, and there are no tax benefit like depreciation or mortgage interest deductions, I am looking back to real estate to help avoid keeping 63% or less of what I make.

I want to minimize real estate related headaches though. I'm good at note creation, I don't actually want to hold property or at least manage it.

For those of you in a similar mindset, what did you end up doing? I've heard NNN commercial properties are a good low hassle tax shelter. Problem there is a dollar invested doesn't get you that much yield in tax savings. It's relatively low leverage in that respect.

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