SOLO 401K : A TAX SAVING STRATEGY FOR REAL ESTATE INVESTORS DMITRIY FOMICHENKO

Solo 401k : A Tax Saving Strategy for Real Estate Investors

By Dmitriy Fomichenko

I f you ’ re a taxpaying citizen , this quote is likely to make perfect sense to you . Nobody loves taxes , at least at a deep intrinsic level , irrespective of it being a responsibility we must share . According to a report published on the Motley Fool , a finance website , out of the gross tax collections worth $ 2.86 trillion in

2013 , individuals paid $ 1.54 trillion or 54 % of them , with an average individual tax bill of $ 8,548 .