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Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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@donpickett202
AND NOBODY EVERY EXPLAINS HOW YOU REPAY THE LOAN. How do you repay the loan
@de78880
They rather pay interest to the bank than pay any tax to the community
@villagecpa
Ordinary income tax rates vs. capital gains tax rates is NOT a “loophole”, it is the tax law. There are no loopholes. There is simply the tax law.
@prettygirl7200
What no one ever tells you is how do you pay the debt off if you are only taking a small or zero salary??????
@AJohnson0325
What the first guy said is not true. Paying yourself a small salary way below the market rate is one of the best ways to get audited by the IRS. I don’t know if it’s the same as tax fraud but it’s close. If you’re a billionaire just move to dubai or monaco. That’s what I would do.