Dossier
buying exempted real estate
Coverage of buying exempted real estate in the Nexus archive.
- Rich Californians deploy creative ways to get around hated billionaire tax – including giving cash away
California's ultra-wealthy are using legal strategies like accelerated charitable giving, delayed company funding rounds, and purchasing exempted real estate to reduce their reported net worth and avoid the billionaire tax. These methods are advised by tax professionals to navigate the state's financial regulations.