When you make money AND get tax deductions at the same time

It’s sounds too good to be true, so people are skeptical at first.

But it’s simply taking advantage of how the tax code works.

Whether it’s:

• Harvesting losses from individual positions while continuing to hold and defer gains on the winners or
• Owning real assets that generate depreciation deductions

Some examples:

• Direct indexing
• Tax-aware long/short SMA
• Trader funds
• Real estate
• Certain infrastructure investments

Think of the unrealized gains in your brokerage account as an interest-free loan from the government.

The bigger it is, the better.

The longer you can keep it, the better.