Most Americans want to know how to avoid paying taxes. The average everyday worker feels frustration looking at their paycheck and seeing a big chunk of it go away to the government. All their hard work is almost immediately cut by a fourth, a third, or even in half sometimes. But it doesn’t have to be like this. Savvy real estate investors have known for a long time the key to reducing taxes (or outright avoiding taxes) is simply to invest in real estate.
Paul Moore, author of “Storing Up Profits: Capitalize on America’s Obsession with STUFF by Investing in Self-Storage”, won’t pay taxes for a long time, if ever at all. Paul has perfected the art of successfully deferring his taxes so he, or his heirs, never need to hand Uncle Sam another yearly check. But Paul isn’t talking about anything risky, he’s simply talking about smart real estate investing, something that anyone has the capability to do.
If you’re tired of feeling the tug of the taxman at your purse strings, then it may be time to follow any of Paul’s ten strategic tax strategies. These tax strategies won’t just save you money on tax day, they may make you money in the long run!
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Grab Paul’s Book “Storing Up Profits”:
Get “The Book on Tax Strategies for the Savvy Real Estate Investor”:
Listen to Paul’s Full Interview on Self-Storage Investing:
5 Simple Ways to Reduce Your Tax Bill Like a Real Estate Pro:
1031 Exchange—A Definitive Guide for Real Estate Investors:
Can a Cost Segregation Study Help You Lower Your Taxes?
Follow Paul on Instagram:
@paulmooreinvest or https://www.instagram.com/paulmooreinvest/
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00:00 Save on Taxes with Commercial Real Estate
01:10 10 Ways Commercial Investing Can Save On Taxes
01:18 1. Hire a Tax Strategist
03:07 2. Directly Invest
03:50 3. Accelerate Depreciation
05:58 4. Return of Capital
06:53 5. Use Section 179
07:57 6. Refinance the Property
08:39 7. 1031 Exchanges
11:44 8. Deferred Sales Trusts
12:33 9. Self-Directed IRA/401k Investing
14:18 10. Become a Real Estate Professional
16:31 Follow the Law and Defer Your Taxes!