Ingenious Tax Loopholes Anyone Can Exploit

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  1. Rob says:

    These headlines are truly misleading. A QPRT is a smart move for any high net worth person with real estate holding, but it save about 10% at most.
    Grats can be great if a holding appreciates significantly in set period of time, but the beneficiaries only receive the gain, not the principle.
    The IRS know how to get their 45% almost always. Nobody is getting away with much of anything.
    Meanwhile, the estate tax, plus state estate taxes punish high earners to the tune of 56%. That is punitive, as far as I am concerned.


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