How To Save On Taxes When You Invest Your Money! ( Financial Freedom Fast Lane)
Manage episode 429052808 series 3282916
Want to Save On Your Taxes When You Invest?
In this episode, I delve into four powerful strategies to help you decrease your tax liability through wise investment choices. Get ready to dive into :
📉 **Tax Deferral Vehicles:**
- Why investing in tax-deferred retirement accounts like 401(k)s and traditional IRAs reduce your taxable income .
🏡 **Real Estate Depreciation:**
- How to take advantage of short-term rental real estate investments and leverage cost segregation studies to benefit from depreciation that offsets your income on paper.
💰 **Tax-Loss Harvesting:**
- How to utilize tax-loss harvesting by selling losing investments to offset the gains from profitable ones, thus reducing your overall tax burden.
and more!
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