I haven't paid tax in a long time

14 Oct 2024 · 1 min
0:56

In this excerpt, the speaker explains how they legally avoid paying taxes by leveraging extensive real‑estate tax incentives. They cite benefits such as housing‑related tax breaks, bonus depreciation, cost segregation, and straight‑line depreciation. The speaker mentions recent property transactions—buying a new building and exiting another—and requests a meeting with Eric to devise a year‑end tax plan to assess capital‑gain exposure. They discuss the high tax burden faced by peers who have sold large companies and introduce opportunity‑zone funds as a sophisticated method to defer capital‑gain taxes by reinvesting gains into designated zones.

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