You report enough to cover your house and car note and that's it. Probably would be under 30k a year unless you are living like a jew. Also the trick here is to buy everything outright directly from other individuals and never finance anything. Buy used cars and trucks and buy land small pieces at a time. This is doable as long as you don't have a huge material appetite. The IRS can audit whatever they want if all your income is buried under a rock in the middle of a field there won't be anything to audit. There's also some other vehicles you can use like an s-corp where the business owns the assets like that and pays the taxes on them. By the time they start coming for guys like me in the middle of no where the country will be in a hot civil war.
You report enough to cover your house and car note and that's it. Probably would be under 30k a year unless you are living like a jew. Also the trick here is to buy everything outright directly from other individuals and never finance anything. Buy used cars and trucks and buy land small pieces at a time. This is doable as long as you don't have a huge material appetite. The IRS can audit whatever they want if all your income is buried under a rock in the middle of a field there won't be anything to audit. There's also some other vehicles you can use like an s-corp where the business owns the assets like that and pays the taxes on them. By the time they start coming for guys like me in the middle of no where the country will be in a hot civil war.
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