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HokieForever

Joined: 10/06/1998 Posts: 17376
Likes: 6550


So serious question...


how do you further reduce your tax burden. What I mean by that is if you are maxed out on your 401K, write off the normal stuff, how can you further reduce your tax burden so you are not just giving that money to uncle sam.

Meaning our tax laws are almost written for you to buy the bigger house if you make above a certain amount meaning you make $250K buy the $1 million dollar house, make $1 million buy the $4 million dollar house.

HokieForever

HokieForever

(In response to this post by EDGEMAN)

Posted: 08/10/2018 at 2:07PM



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Current Thread:
  So serious question... -- HokieForever 08/10/2018 2:07PM
  Don't ignore property taxes. -- EDGEMAN 08/10/2018 6:03PM
  Start a small business on the side -- Tafkam Hokie 08/10/2018 2:53PM
  Interest rates will have a bigger effect. -- Hokie360 08/10/2018 3:03PM
  Good point forgot about that change. ** -- HokieForever 08/10/2018 2:50PM
  True I get that... -- HokieForever 08/10/2018 2:33PM
  Like this modest home Warren Buffett lives in -- VaAkita 08/10/2018 2:02PM
  Because they live with parents? ** -- Hokie Bird 94 08/10/2018 8:54PM
  True... -- Hokie5150 08/10/2018 5:55PM
  I very seriously doubt that ** -- 83Hokie 08/10/2018 3:15PM
  4th expense: Don't have kids ** -- hoosnowahokie 08/10/2018 1:04PM
  Yep. In-state public schools for my kids. ** -- RoswellGAHokie 08/10/2018 1:54PM
  +Plus food ** -- Newt 08/10/2018 3:19PM
  +plus auto insurance and cell phone ** -- Newt 08/10/2018 3:20PM
  What do you need a car for in blacksburg? -- hoosnowahokie 08/10/2018 3:42PM
  Dang right! They're expensive ** -- TexasGobbler 08/10/2018 1:14PM

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