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Julie's total exclusion is $94,079. On her behalf American expat tax return she also gets to claim a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. taxing.

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Rule 24 - Build massive passive income through your tax cost. This is the strongest wealth builder in advertise because you lever up compound interest, velocity income and use. Utilizing these three vehicles combined with investment stacking and totally . be luxuriant. The goal is to build your company and within the money there and transform into passive income and then park extra money into cash flow investments like real residence. You want your own working harder than ought to do. You don't want to trade hours for dollars. Let me give you an great example.

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