Swap old annuity/life policy for better one — zero tax.
§1035 permits tax-free exchanges of life insurance, annuities, and long-term care policies. Upgrade an underperforming variable annuity into a lower-cost or PPLI policy without triggering deferred gain. Basis carries over. Critical for old high-fee annuity refugees.
Click Generate advisory deep dive for mechanics, IRC citations, a step-by-step execution plan, a worked numeric example on your profile, costs, risks, and this-week actions.
Front-load depreciation on real estate to slash current-year taxes.
Turn W-2 income into tax-free passive rental losses.
Defer capital gains indefinitely by rolling into bigger real estate.
Defer + eliminate capital gains via OZ funds.
Rent your home to your business up to 14 days/year — tax-free.
Deduct 20% of pass-through business income.
Slash self-employment tax on profits above ~$50K.
Expense equipment, vehicles, and property in year one.