Tax exempt non-retirement investment
So I am attempting to generate ways to nickle and dime Uncle Sam.
Currently a little over half of my annual income is in rental income so it's pretax until the end of the year. I would LOVE to come up with a tax deferred investment battlefield for my little green soldiers.
So my question is....
Is there a tax free investment that I can put pre-tax rental income into in order to stick it to my government hard and fast.
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The only non-retirement, tax-advantaged accounts I'm aware of are:
HSA accounts.
529 accounts.
You can also invest in government bonds. They have lower returns than stocks over the long run, but are federal tax-free. For most states, they are also state tax-free if you buy bonds from the state you're a resident of.
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