/biz/ - Business & Finance

Last threads 404'd on /pol/ Jannies mad. Removed from Wayback Machine.

PURPOSE: For anons to help anons pay less in taxes. This is for discussion of only legal ways to pay less in taxes.

HIGHLIGHTS:
>Ok actual advice from an actual rich person who got rich avoiding taxes.

>Buy real estate. Loans are dirt cheap, you write off all your expenses, but the best part is you get the depreciation deduction while using other people’s money. Rent it out.

>Start a business. It can be anything and it doesn’t have to make money. Hire your children. All your expenses can be deducted from your taxes and if the kids won’t make enough to pay income tax. Put all of that into their Roth IRA and it will grow tax free.

>Debt and taxes are how rich people get rich. >Read a book and educate yourselves.

>Homestead. Get land in an area with low property taxes. Once you own the land, you don't pay rent. Buy solar, once you own your own electricity you don't pay an electric bill. Heat your place with wood. Live in an RV to keep the property value low and thus keeping property taxes low. Collect rain water, compost your waste. This prevents you from having to dig a well and install a septic system. Grow your own food, raise your own animals and get a job that keep you below the taxable level of income if you need money until you are producing enough to sell to cover your very miniscule monthly expenses. Use regenerative agriculture techniques, using cover crops to generate animal feed and manure to fertilize your garden. Think about making barter transactions that don't require exchange of fiat to acquire what you need. They don't tax barter transactions. Get creative, get on it.

>>24950126

Amen brother.

>>14752620
Put on some incense and listen:
https://youtu.be/_uj8h4SCsnE

Pray to the LINK gods with me.

My favorite part about the NEO AMA today was how king chink pointed out the previously unmentioned information that as NEO Coins are spent across the platform that your NEO Shares will generate more Neo Coins. We will be raking in the cash anons. Just wait.