surveyor, I seriously doubt that. I asked my CPA how tow of my friends, who earn $250K each, can save on taxes. They are single renters, and pay about half their money in taxes. Ok, they can save a little on a tax deduction on a house, depreciating asset, so they lose money. The only way the typical wage earner can save on taxes, according to the CPA, is to start a business, but even then, you can only deduct expenses in excess of your gains. So you really cannot lower your taxes.

If you have a way other than buying an asset losing 10% of its value each year, to save on taxes, I am all ears.