Best strategy to build wealth without paying much in taxes IMO

[Melanie Baldridge]

The playbook on how to use real estate to build wealth tax efficiently:

1. Buy with moderate leverage

2. Cost segregate and depreciate initial capital in

3. Stabilize and borrow tax free against your asset

4. Enjoy low tax cashflow year over year

5. Eventually 1031 exchange into a larger asset and repeat

6. Die and step up basis

7. Have your heirs repeat

Many wealthy families do this over and over again and pay little to no taxes as their RE portfolio continues to grow

[Julio Gonzalez]

Quote from @Melanie Baldridge:

The playbook on how to use real estate to build wealth tax efficiently:

1. Buy with moderate leverage

2. Cost segregate and depreciate initial capital in

3. Stabilize and borrow tax free against your asset

4. Enjoy low tax cashflow year over year

5. Eventually 1031 exchange into a larger asset and repeat

6. Die and step up basis

7. Have your heirs repeat

Many wealthy families do this over and over again and pay little to no taxes as their RE portfolio continues to grow

This is a great strategy. Leveraging cost segregation and 1031 exchange correctly can be a powerful way to save on taxes.