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Updated over 2 years ago on . Most recent reply

Michael Hammer's profile image
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Michael Hammer
  • Member since Nov 20, 2019
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Michael Hammer
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Michael Hammer
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Personal Finance

Tax free everyday living expenses...

Michael Hammer
Posted

I have read and watched several well known real estate investors talk but not go into detail about how they somehow manage to live tax free including their living expenses ( groceries etc.). I understand tax deductions for business related expenses but was wondering if someone can explain how they are accomplishing this..

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John Duston's profile image
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John Duston
  • Accountant
  • from Santa Barbara, CA
  • Member since Feb 17, 2016
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John Duston's profile image
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John Duston
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  • from Santa Barbara, CA
  • Member since Feb 17, 2016
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John Duston
  • Accountant
  • Santa Barbara, CA
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John Duston
  • Accountant
  • Santa Barbara, CA
Replied

@Michael Hammer

Buy tons of real estate, become a real estate professional, get rid of your income with depreciation. Thier formula is simple. Finding a solution to your personal situation is the hard part

  • John Duston
    • 1 Vote
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