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あらすじ・解説
In this episode, Allan and John discuss how to reduce your tax through property investing. They highlight the significance of paying close to a million dollars in taxes over a career and emphasize the importance of understanding the potential tax benefits of property investing.
- 💰 Paying close to a million dollars in taxes over a career is a significant amount of money.
- 💼 Couples working together could potentially pay over $2 million in taxes over their careers.
- 🏠 Property investing can help you get a significant portion of that money back through tax benefits.
- 💸 Even getting back 20% or 10% of the taxes paid can result in substantial savings.
- 📊 The example discussed in the episode shows the potential negative cash flow of a property investment.
- 🏦 However, tax deductions, including depreciation, can significantly reduce the net cost of holding the property.
- 🧮 Understanding the tax benefits of property investing is crucial for maximizing returns.