24 - Multiply your tax deductions with leverage + a crypto mining rig example
from Wealth Game Hosted by Brent Bement, CPA
Go through an example of using "leverage" / debt to multiply your tax deductions. We go through an example with buying crypto mining rigs and how $10,000 of cash used to leverage and buy business assets could get you about $12,000 of cash back in your pocket at the end of the year.
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This episode is 5 minutes long.
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This episode was published on August 25, 2022.
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