Correct: assemble a thousand venn diagrams and push the heart of the overlaps as a giant spear into the heart of the enemy.
Firepower concentrated.
TAX avoidance or
TAX evasion?
It would be nice if grandparents or any elderly person would open a Self Directed Roth IRA.
You donate the money. (shell investment)
You can invest nearly anything in it. Then the grandparents create it, with the kids/grandkids as beneficiaries in it.
When grandparents die, the kids inherit tax free income from investments made inside it.
Don't have much money?
Put $1000 in, buy a cow, sell cow for profit. Repeat.
Buy an old car, in sell it.
Buy an old house, renovate it, rent it out, Air BNB it.
Concepts are fungible.
Profit repeats, always within the envelope of (SDIRA).
Once war chest is built, take out money in income draws perpetual. Current beneficiaries pledge it to next generation.
F*ck the IRS.