"It's not how much money you make that matters. It's how much money you keep." The tax code is a rulebook and it tells you exactly what you have to pay taxes on and what you don't. Most people never read it, which is why they overpay. This episode walks through three legal strategies that allow business owners, real estate investors, and stock market investors to reduce their tax bill to zero. Jaspreet Singh breaks down each strategy with specific numbers: how ordinary and necessary business expenses work, how real estate depreciation (including accelerated depreciation and the 1031 exchange) can create a paper tax loss while cash sits in the bank, and how the 0% capital gains bracket lets investors earn investment income completely tax-free. In this episode, you'll learn: Why a person making $90,000 with a 0% tax rate ends up keeping more money than someone making $100,000 at a 25% effective rate and why that framing changes how you should think about taxes Who qualifies for the ordinary and necessary expense deduction: LLC owners, S-corp owners, and 1099 contractors and how a side business losing $4,000 a year can offset W2 job income Common ordinary and necessary write-offs: home office, vehicle, cell phone, hardware, software, and business travel and how the Section 179 deduction applies to heavy vehicles over 6,000 pounds used for business How the QBI (Qualified Business Income) deduction gives LLC and S-corp owners an additional 20% write-off on top of regular business expenses How basic real estate depreciation works: take the building's value, divide by 27.5, and deduct that amount from taxable income every year, even if the property is appreciating How accelerated depreciation through a cost segregation study can generate a first-year paper loss large enough to eliminate all rental income tax and offset other income for investors earning under $100,000 a year How the 1031 like-kind exchange allows investors to sell a rental property for a profit, roll all proceeds into new real estate, and pay $0 in capital gains taxes How the 0% long-term capital gains bracket works: single filers earning under $49,000 and married filers under $98,000 pay zero federal tax on investment income Keywords: tax strategy, tax deductions, ordinary and necessary expenses, real estate depreciation, 1031 exchange, capital gains tax, QBI deduction, LLC, tax-free income, financial education Want more financial news? Join Market Briefs, my free daily financial newsletter: https://link2.briefs.co/gie Below are my recommended tools! Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or podcast). ---------- ➤ Invest In Stocks Passively 1) M1 Finance - Buy stocks & ETFs automatically: https://theminoritymindset.com/m1 ---------- ➤ Life Insurance 2) Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 3) Fundrise - Invest in real estate with as little as $10! https://theminoritymindset.com/fundrise ----------
