[quote=waiting for bottom][quote=DataAgent]1. Have a non-working spouse start a home-based business. Most businesses show taxable losses the first few years.
2. Buy a rental property. Even if you break-even with your cash flow, you can still depreciate the property creating a taxable loss.
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Careful on the rental property. If you have more than $150K of AGI – no write off for you![/quote]
Please google “real estate professional tax deduction”.
