How The Rich Avoid Paying Taxes | Karlton Dennis

How do the rich avoid taxes??In this video, I'm chatting with Karlton Dennis. He goes over how you can use depreciation and cost segregation studies to create significant tax advantages. Discover why real estate offers unparalleled tax benefits and learn actionable strategies that you can implement today to minimize your tax liabilities and maximize your income.Whether you're a seasoned investor or just starting out, this video is packed with invaluable knowledge that can transform your financial future.**What You'll Learn:**- How depreciation works and its impact on your taxes- The benefits of cost segregation studies- The role of a real estate professional in tax planning- How to qualify for significant tax deductions- Insights into self-directed IRAs for real estate investmentsKarlton shares his deep insights and practical advice on leveraging the tax code for real estate. We also go over how to offset your W2 and 1099 income.Connect with Karlton!Website: https://karltondennis.com/IG: https://www.instagram.com/karltondennis/?hl=enYouTube: https://www.youtube.com/channel/UCEc3bAbOtPEUIgpNkViF_PQ---Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/Feeling lost as an entrepreneur or real estate investor? Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/If you want to level up, text me at 725-444-5244! ---About Ryan Pineda: Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue. Ryan has amassed over 2 million followers on social media and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing.