Updated over 3 years ago on . Most recent reply
2021: bought 70mm in properties and paid no tax
After flipping 1k houses over the last ten years and getting KILLED in taxes, we pivoted to large scale Multifamily after reading “tax free wealth”. Last year we bought 70mm in apartments and had a negative tax return while making double digit returns 🤪. With we did this earlier, but amazing what using the tax code as a tool can do! Happy investing!
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It's a beautiful thing! Bonus depreciation is being phased out, so we must capitalize while we can.