EP 127 - The Hidden Limits to Tax Deductions (and How the Wealthy Work Around Them)

29/10/2025 29 min
EP 127 - The Hidden Limits to Tax Deductions (and How the Wealthy Work Around Them)

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Episode Synopsis

Send us a textYou’ve heard the stories: jets written off, million‑dollar refunds, zero taxes on millions in income. But are those strategies fundamental? And more importantly, do they apply to you?In this video, Mark Perlberg (CPA + Tax Strategist) breaks down the truth about these “too good to be true” tax moves. He pulls back the curtain on deduction limitations, capital loss traps, passive vs. active income strategies, and how the wealthy legally reduce their tax bills, sometimes to zero.You’ll learn:• Why many tax hacks don’t apply to W‑2 earners• The $630,000 business loss cap (and how to use it)• How high earners stack real estate + charitable + credit strategies• What most tax pros miss about timing, phaseouts, and AGI targeting• Workarounds for SALT deductions, basis limitations, and more🔥 Want a free opportunity report?👉 https://ProsperlCPA.com/opportunity-r...📚 Grab your free tax planning checklist:👉 https://taxplanningchecklist.com📌 Subscribe for tax reduction strategies weekly.00:00 - Why You’re Here (Jets, $0 Taxes & Big Claims)00:22 - Truth Bomb: Why It Doesn’t Work for You00:40 - What Are Deduction Limitations?01:30 - What You Can & Can’t Deduct02:22 - There *Are* Legal Strategies02:44 - Free Checklist & Custom Tax Report03:30 - The $630K Business Loss Cap04:56 - W‑2 vs Real Estate Write‑Offs06:03 - Real Estate Capital Gains vs Stock Losses07:12 - Charitable Deductions: 60% AGI Rule08:15 - How the Wealthy Give & Win09:56 - Qualified Business Income (QBI) Deduction Explained11:14 - High Earners? Why You Lose QBI12:32 - State & Local Tax Deduction (SALT Cap)13:27 - Bonus Depreciation & State Misalignment13:48 - Entity Structure & Basis Limits (S-Corp, Partnerships)15:37 - When You Can’t Use Your Losses17:12

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