How can I take advantage of Donald Trump's Tax loophole so I don't pay taxes?

First your business has to lose a lot of money. You pay income taxes on your income; no income means no income taxes. If the loss is big enough, you can carry the loss over to following years to offset some or all of the income you have in future years as well.

The tax code only allows the loss to be offset by equal earnings. So in order to take advantage of the "loophole" you would have to make at least as much income as the loss totaled.

Cheat your way into making billions of dollars. Keep the economy by going bankrupt 4 times and then getting the taxpayers to pay bail you out of it. And then run for profit colleges with cheat unsuspecting people out of education. And last but certainly not least be a Republican

Your best bet is to call your boy Bernie and see how he and his wife get away with having earnings in the top 5%, but paying less taxes than middle class families. When will Bernie pay his fair share?

If you lost a lot of money in your first year, but made some money in the 2nd year, you were entitled to write off your new profit from the loss in your 1st year until no more previous loss could be used for the new profit year.

It is legal under the U.S. taxation system.

Actually if you are incorporated as a Plumber and occurred a loss in any given year, you can carry the tax loss into the future against income

I use the capital loss carryforward provision whenever it applies. So does everyone else, including Hillary Clinton in 2015.

Post a loss; then you can take 15 years to write it off.

First of all you need a small loan of 1 million dollars. That should put you down the right road.

Lose $916 million in one year on a business.