tax efficiency

[YTProphet]

Hey everyone,

First time commenting in the "Tax" section. Looking for some general ideas. I've got a regular W2 where i make roughly $200k/year. I also have a side business that nets me anywhere between $20-50k/year and I have a few rental properties that have debt on them. They bring in roughly $4k/month gross (maybe $1500 net).

I max my 401k and HSA at work. I also created a solo 401k for my wife for my side business and max that too. Other than that my returns are pretty vanilla. Any other ideas for tax efficiencies that I'm missing?

[MDM]

Small business deductions and tax strategies I leave to those more familiar with that area.

For general tax minimization (both short and long term) see Investment Order and links therein.

Another generally good idea is to be able to predict your taxes ~a year in advance.  To the extent you can predict accurately, you may be able to adjust what goes into that prediction in ways favorable to you.