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Reply to "For those with high HHI ($500K), tax saving strategies"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Short-term rentals (w a SAH spouse) and oil and gas investments. [/quote] Not on $500K HHI… Oil and gas makes sense when you’re making $2M+ annually and even that’s on the low side. Most people we know doing it clear min $5M annually. Initial investments are very large and you need to already have an in via your network. [/quote] There are many ways to take advantage of IDC deductions without a large outlay. [/quote]
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