Obviously, real estate is a great way via depreciation to lower your tax bill.

What are other ways that people can do?

Yeah, to lower your tax bill.

So some other ways you mentioned, obviously, the depreciation related to vehicles is a good one.

You can pay your kids.

That is another one if you have kids.

That can be a really creative solution that can really help you to save on taxes and provide for your

kids future either through retirement contributions for them because they now have earned income

if you're paying them for jobs that they're doing or it can be something that you can do

to help them just to learn and grow and also pay for their own expenses.

So, for example, if your kiddo is maybe a teenager and would be getting a part-time job

anyway and you're having them start pay for their own gas or their own cell phone,

you know, or save up for a car or whatever.

So you're paying them for the job that they're doing.

That's a deduction from your business, potentially with no tax liability

to your kid if you do it the right way. And then you're able to help them save and learn how to

manage money, things like that. So how much can you pay them? So up to the standard deduction.

And that's 12? No, it is actually right around 15 this year. 15. Okay, got it. So basically your first 15K you make, if you're anyone, is tax-free.

Right. The standard deduction. Now, if you're paid through a W-2, because of family-owned business rules and things like that, you can pay them.

You don't always have to even issue a W-2 or 10-99 if you do.

Can I pay my one-year-old?

So in that case, we're looking more.

...