Tax Strategies Exposed & How The Rich Legally Pay $0 Taxes | Karlton Dennis E110

Rich Somers
48:55
3,372 views
Nov 16, 2023

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I mean I bought properties that are short-term Metals today that actually got for zero money down right and then now you capture that 30% bonus

depreciation and use that to offset your active stream of income yes that is a huge tax savings that a lot of people

just don't allude to yeah I mean Rich if you had $300,000 a W2 income and you have a $300,000 rental loss on the tax

return you're virtually tax-free and this is what I'm trying to tell more W2 taxpayers to do acquire a short-term

rental have your tenant stay in there on an average seven days or less you only need to get to a 100 hours I mean you're

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