7. Invest In Real Estate
There are lots of strategies, but a 1031 exchange in real estate allows you to defer paying capital gains taxes on an investment property when it is sold. Almost all high-net-worth individuals have investments in real estate and the 1031 exchange is one of the key tools. – JD Morris, Red Hook Capital
read the full article: https://www.forbes.com/sites/forbesfinancecouncil/2019/08/29/15-financial-experts-share-the-industrys-best-kept-secrets/#59a6322a77bf
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