The Art of Legal Tax Avoidance | Karlton Dennis
Carlton Dennis explains how to legally minimize tax liability through strategic use of IRS code sections, focusing on depreciation, Real Estate Professional Status, and specific entity structures.summaryHe contrasts the passive nature of traditional W-2 income with the active tax advantages available to business owners and real estate investors, highlighting strategies like cost segregation, 1031 exchanges, and the AugusummaryReal Estate Professional Status (REPS) allows investors to treat real estate losses as non-passive, enabling them to offset W-2 or business income with real estate deductions, provided they spend 750+ hours annually in rtakeaway














