This is one strategy I have seen many wealthy people use : where they use debt to acquire more assets , like real estate and then use debt on the equity to cover expenses and even as their income. This is how some people pay zero income taxes.
Chapters:
0:00 - Intro
0:06 - Debt as Income
1:45 - Tax from additional income
2:17 - Deduction from rental properties income
2:58 - Outro
#neelhome #moneyhacks
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I am Neel Dhingra, a real estate investor, stock market enthusiast, mortgage banker, digital marketer, and more. I love sharing what I have learned over the past 20 years and hope this helps as many people as possible.
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