I found this interesting article on Forbes.com that I thought would be interesting to share.
According to Matt Woosley's real estate feature Tax Tricks of the Real Estate Rich on Forbes.com, there are ways to lower taxes through real estate, however it is important to understand how. Similarily, the payoff benefits are huge; afterall there's a reason the rich are wealthy. A few examples mentioned include, negotiating with a bank to absorb real estate transaction fees in exchange for paying extra in points, which are deductible; or challenging home valuations which serve to determine property taxes.
Read the entire feature Tax Tricks of the Real Estate Rich on Forbes.com in order to acquire the knowledge to use real estate to lower taxes; if the rich can do it, why can't you!
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