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[quote=Anonymous][quote=Anonymous][quote=Anonymous]AMT is honestly making me less motivated to work hard or even work at all. I just had $3,000 added to my tax bill. My spouse and I still have student loans, and we can't deduct the interest paid because we make too much! So we don't get deductions and we get AMT tacked on while we work "normal" jobs and try to pay off debt and save a little money. Meanwhile our dipshit president had everything handed to him in life and pays no taxes.[/quote] There's no reason why you can't make real estate investments and claim the same initial depreciation to reduce your overall liability. That's what Trump did; that's what real estate investors do. It's not some big secret. You can read about it on countless blogs for amateur landlords.[/quote] I could do what Trump did if my dad could give me $12 million dollars; unfortunately they aren't able to do that.[/quote]
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