Unlocking Tax Savings: How Taylor Swift Strategically Reduces Property TaxesTaylor Swift, renowned for her chart-topping hits and blockbuster performances, has not only dominated the music scene but has also displayed savvy financial acumen when it comes to property taxes. Unbeknownst to many, Swift has employed strategic moves to ensure she pays less on property taxes compared to the average individual. Let's delve into the tactics that set her apart.The Mills Act: A Game-Changer in Property Tax SavingsIn the realm of tax savings, the Mills Act stands out as a pivotal economic incentive program in California. Enacted in 1972, this program encourages private homeowners to restore and preserve qualified historic buildings, offering an average property tax reduction of approximately 50%.When Swift acquired a $25 million mansion in Beverly Hills, she orchestrated a brilliant tax move by integrating it into the historic Samuel Goldwyn Estate, securing its landmark status. While obtaining l...