My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
“you put down 150k cash and you get a million dollar deduction”
What It Means
Film tax credits create massive leverage where small cash investments generate large tax deductions
Why It Matters
Illustrates how wealthy people can legally reduce tax burden through asymmetric investment structures
When It's True
When investor qualifies as active film investor and structures deals properly with state credits
When It's Risky
Without proper due diligence, active investor qualification, or understanding of film financing risks
How to Apply
Research qualification requirements before year-end
Work with specialized firms that understand the structure
Ensure adequate liquidity events to justify the strategy
Example Scenario
“Tech founder sells company for $10M gain, uses film strategy to reduce tax liability by 40% while supporting arts and culture”