Great way to pay little to no taxes!?!?

[Brandon Elliott-Pandey]

For all my fellow Relators out there. We've ALL heard that if you are a full time real estate entrepreneur you can offset a large amount, if not all, of your tax liability by investing in real estate and selling it at the same time (or other activates that involve over 750+ hours of acting in a real estate capacity)

Well this is my first year doing that and I would love to hear how it's working for a more seasoned real estate professional using this tax strategy. If you are comfortable please share your tax liability and how much you were able to offset or how it worked out overall for you? Please share in the comments below! :-)

TIA!

[Linda Weygant]

Quote from @Account Closed:

Hey Brandon! I love your proactive approach while getting started out and making sure you're getting started the right way! My team helps many investors, agents and entrepreneurs take ownership in trusts so that i have zero liability, a zero capital gains tax, pay zero tax on passive income and k1 distributions and never have to use a 1031 exchange. If you want to set it up the right way, this is it.

 You're all over BP the last few days with this claim.  Let's see the outline of the strategy.  Cause if this is true then somehow your team has figured something that every other knowledgeable tax professional on the planet has missed over the last hundred years.

Your claim that a trust is some magic bullet is pure fiction.  So give us the details.  Unless you're selling something.  In that case you shouldn't be self promoting in the forums.