I used to think paying huge capital gains taxes was just part of being a high earner. Then I learned about tax-loss harvesting,and it changed everything.
By strategically selling underperforming assets, I offset my gains and cut my effective tax rate by tens of thousands. Now I reinvest those savings into real estate that produces income and appreciation.
It’s wild how many execs don’t know this exists.
Curious if anyone here uses tax-loss harvesting regularly? What’s been your experience with it?