I spoke with a member of the technical staff at Anthropic yesterday who is about to make $17 million.
He's been there less than 2.5 years and is blown away by his equity value. His biggest worry now is tax strategy.
His CPA told him to "max out his 401(k) and consider a donor-advised fund."
While that's a great starting point, here's what makes even more sense:
He's acquiring a 48 unit apartment complex in Phoenix for $14.5 million.
We're running a cost segregation study to reclassify approximately 30% of the depreciable basis into 5, 7, and 15 year property.
Here's the math:
โข $14.5M purchase price
โข ~$12.3M depreciable basis (excluding land)
โข ~$3.7M reclassified to short-life assets via cost seg
โข 100% bonus depreciation under OBBBA = $3.7M accelerated to Year 1
Plus standard Year 1 depreciation on the remaining basis adds another ~$315K.
Total Year 1 deduction: approximately 4M.
His wife is qualifying as a real estate professional 750+ hours, more time than any other activity. The loss is no longer passive. It offsets ordinary income.
At a 37% federal bracket plus 13.3% California, that's a combined rate just over 50%.
$4M ร 50% = 2M+ in tax savings. Year 1.
Layer in operating expenses, loan interest, and startup costs on the property, the total offset against his Anthropic income crosses $3 million.
Not deferred. Not spread over 27.5 years.
Meanwhile, the property cash flows. He's converted concentrated tech stock into a real asset producing monthly income. And he's done it all before he files the return on his equity windfall.
This is what real tax planning looks like for tech liquidity.
If you're an engineer, exec, or early employee sitting on a meaningful equity position and your CPA hasn't mentioned cost segregation, bonus depreciation, or REPS qualification, you're probably leaving seven figures on the table.
@CarOnPolymarket@econoar The API said July 1st
The GUI rules should have stated a clear deadline for both event and evidence gathering for final outcome
Not difficult
Not a unique situation
Your defense is so poor it's harmful to Polymarket
@skyquake_1@willo2_Poly what if the rule is 'all markets ending on Sundays resolve to yes'
you could be consistent with that rule, but it probably wouldn't increase trust in the platform
@TheSignalSage this is some very motivated reasoning
sometimes it takes some time to get a correct answer, Polymarket should seek to price outcomes based on correct answers