The 11 Tax Strategies You Need to Know (Stop Giving Your Money Away)

In this video, Coach Lee Johnson shares 11 legal tax strategies that wealthy individuals, real estate investors, business owners, entrepreneurs, and high-income professionals use to potentially reduce taxable income, defer taxes, keep more of what they earn, and build long-term wealth. If you want to understand how real estate, business ownership, retirement accounts, tax deductions, and strategic tax planning can help you become more intentional with your money, this video will help you understand the strategies you should know and discuss with your qualified tax professional. 💰 In this video, you'll discover: ✔️ Why wealthy people focus on how much they keep, not just how much they earn ✔️ How understanding the tax code can change your approach to wealth building ✔️ Why business owners and investors may have more tax-planning opportunities ✔️ How real estate depreciation can reduce taxable income ✔️ What cost segregation is and how it can accelerate depreciation ✔️ How a 1031 exchange can help defer capital gains taxes ✔️ What Real Estate Professional Status is and who may qualify ✔️ How rental losses may offset other income when IRS requirements are met ✔️ How a Solo 401(k) can benefit eligible self-employed individuals ✔️ What business expenses may be deductible when properly documented ✔️ How the self-employed health insurance deduction works ✔️ What the Qualified Business Income (QBI) deduction is ✔️ Why tax-advantaged accounts like 401(k)s, Roth IRAs, and HSAs matter ✔️ How a Roth conversion ladder can support early retirement planning ✔️ What tax-loss harvesting is and how it can potentially reduce capital gains ✔️ Why choosing the right CPA can make a major difference in your tax strategy ✔️ How to start creating a proactive tax strategy instead of waiting until tax season ✔️ Why tax knowledge can be an important part of your overall wealth-building plan Whether you're a W-2 employee, real estate investor, business owner, entrepreneur, freelancer, cons