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A tax shelter is defined as a financial arrangement made to avoid or minimize taxes. Real estate investers take advantage of certain tax rules to
A tax shelter is defined as "a financial arrangement made to avoid or minimize taxes." Real estate investers take advantage of certain tax rules to lower their personal tax responsiblities utilizing tax shelters. Tax evasion is defined as "the illegal nonpayment or underpayment of tax." What are the some of the steps real estate investers must take in order for their investment in legal tax shelters to not cross the line into illegal tax evasion
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