Describe three basic tax planning strategies available to taxpayers investing in capital assets.

I posted this question few days ago and this was the answer,

following are the three basic tax planning strategies available to taxpayers investing in capital assets :-

1. The timing strategy exploits variation in the taxation across time.

2. The conversion strategy exploits variation in the

taxation across activities.

3. The income shifting strategy exploits variation in the taxation across taxpayers.

I would like more explaining and examples if possible

Thank you