Tax planning. Many of us think it’s only for the super wealthy. The truth is most Americans could save thousands of dollars every year if we followed the tax strategies millionaires use to protect their wealth. Their secret: using real estate to slash their taxes— and with property values taking a hit in many markets, taking advantage of tax benefits could be the only gain people get for several years. Best of all, you don’t have to be rich to reap the benefits.

“Nothing is more lucrative than tax planning,” says former IRS attorney and best-selling author Sandy Botkin, CPA, Esq. “If you look at the top 200 richest Americans, many made their fortunes in real estate. They know one of the secrets to getting rich is to pay the minimum tax required by law—and that takes keen knowledge and understanding of the tax code. So it’s time to level the playing field and share those secrets.”

In his new book, Real Estate Tax Secrets of the Rich, (McGraw Hill 2007), Botkin, CEO of the Tax Reduction Institute and a former trainer of IRS attorneys, reveals how to use your home and investment properties as legal tax shelters. He begins with the basics, explaining why home ownership is the key to building wealth and dramatically cutting taxes. He also offers valuable tips such as how to make your tax record-keeping bullet proof.

REAL ESTATE TAX SECRETS of the RICH is broken down into short chapters, each dedicated to outlining a tax-reducing strategy. Each tax reduction tip includes the IRS regulations and income tax code to explain why it works and how it’s 100% legal. The book also features easy to understand charts and is formatted so that readers can easily share the information with their accountants. “During my years at the IRS I realized most people and even many accountants don’t know about these strategies,” says Botkin. “I can show you how to pocket thousands of extra dollars when buying and selling your primary home, second home or investment property.”

REAL ESTATE TAX SECRETS of the Rich is available at www.amazon.com.

About the author:

Sandy Botkin, CPA, Esq. is a best-selling author and former trainer of IRS Attorneys. He is currently the Chief Executive Officer and Principal Lecturer of the Tax Reduction Institute based in the Washington, D.C. area. During the past ten years, he has taught more than 50,000 taxpayers how to save a combined total of more than $300 million on their taxes. He consistently earns rave reviews for his clear and humorous presentations.

His previous book, “Lower Your Taxes: BIG TIME” (McGraw-Hill 2003) is an Amazon best seller. That book showed millions of readers the benefits of starting their own home-based businesses. Mr. Botkin is also a member of the Florida Institute of Certified Public Accountants. He is a ‘Distinguished Real Estate Instructor” and is listed in “Who’s Who in Business.”