Practical Real Estate Techniques
Hey say that "death and taxes" are the only two certainties in
this life. When it comes to achieving financial independence,
death and taxes are essentially the same thing. Just as friction
wears the tread off your tires, tax friction rubs the shine
right off your financial statement.
Over time, the friction of taxation will do to your financial
future what the Colorado River has done to the Grand Canyon.
In order to build wealth, you must maximize your tax deductions,
thus minimizing your recognized taxable income.
Many property Sellers mistakenly think they need to pull all of
the equity out of the sale of their real estate. Uncle Sam
doesn't seem to think that's such a good idea, especially if you
are an investor. That