Want to learn how to reduce taxes like a billionaire? This is my #1 tip.

What if I told you that in 2018 Amazon posted an income of more than $11 billion, yet the company paid $0 in federal taxes? And they did it legitimately. Would you believe me?

You see, when people heard about this, they automatically started hating and criticizing. That’s the worst thing you can do.

Like I always say: 

Don’t hate the player and don’t hate the game. learn how to play the game.

The truth is, the wealthy know how to play the tax game. They know how to reduce taxes by taking advantage of the tax code. 

Unfortunately though, no one has taught us how to do the same.

But don’t worry, ‘cause here’s a little trick that billionaires use to reduce their taxes legally.

#1 Tip for How to Reduce Taxes

I want you to take your earned money and reduce it to zero.

Now, I’m not saying you go spend that money. You have to invest it in real estate.

Investing in real estate is not the only way to reduce taxes, but it’s the best way in my opinion and it’s the one I’ve been using.

The goal is to have passive income replace your earned income. Why? Because passive income is not taxed at the highest rates like earned income.

Invest as much of your money as possible on a real estate deal. That deal is appreciating in value over time while providing you and your family with passive income.

You keep doing that until one day you wake up and realize, “Hey, my properties are generating passive income that is low taxed, they provide tax write-offs, and my earned income is zero so I pay no taxes for it.”

Here’s the thing. If you don’t figure out how to reduce your tax bill to 0 by doing what I just showed you, you’re gonna keep paying more taxes than Facebook and Apple.

Check with your accountant, but what I’m telling you is real, legal, and what wealthy people do.

For more game-changing insights from some of the world’s most successful people, claim your virtual ticket to 10X Growth Conference 2022 while you still have the time.

Be Great,

Grant Cardone

Disclosure: This content is intended to be used for educational and informational purposes only. Before investing, you should always do your own analysis based on your own financial and personal circumstances before making any investment. Grant Cardone is an industry expert who has been investing for over 30 years and his opinion is based solely on his own personal experience and circumstances. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment. Investment involves great risk and there is no guarantee of performance or results.

We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice.  We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.

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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.

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