ADVANCED TAX PLANNING

Expertise you won't find on Main Street

FORTUNE 500 CORPORATE EXECUTIVE

Background

A corporate executive with W-2 income of $4,000,000. The executive had zero deductions available due to various phase-outs and limitations, was paying over $150,000 each year to the government. Current debt payoff was a priority for the client, rather than long term savings and retirement strategies.

Fortunately, they called one of our partners at Cash Balance Advisors!

The Plan

Based on the client’s preferences, cash flow needs, and budget, we designed their custom tax plan with:

  • a $160,000 real estate investment opportunity, when properly administered, generates large annual deductions to offset wage income and is not limited by passive real estate investment rules

The Results

A 2017 tax deduction of $730,000 from the real estate investment reduced the executive’s tax liability by $262,000, delivering a refund of over $252,000!

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