End of the Year Tax Savings for Writers

Years ago, when I was working with my father in real estate, we had a meeting with a truly wealthy man. He’d made his money selling buying and selling what most people considered junk. Our meeting took place in a knarly office-trailer inside a huge, jumbled warehouse in a grimy industrial area south of Los Angeles. As I recall, my father was trying to convince him to buy a piece of acreage and part of Dad’s pitch was possible tax savings.
The words about saving taxes were barely out of my dad’s mouth when the rich man snorted… truly, he snorted! …read more