Don't ya remember? Pan is making over 55k a year at Coors. He's starting to become management, and is planning on transfering to the IT department where he'll be making 80k+ year.
He's the one who told us that quite proudly as he stated that any work any of us do will be substandard to his no matter what profession we chose.
I'm sure he's picked up a few houses in the Denver market (as the market is a buyers market there right now), that way he can slide off some income into them. He can take losses on his Schedule E, maintain a residence in order to trigger his Schedule A and itemize (take those Mortgage Interest points!) and write off many things. I'm sure hes filing at least one Schedule C so he can write off his net connection and any software purchases. And I bet he's doing section 179 depreciation on his computers (write off up to $17,000 worth of gear there!) and then doing his Charitable contributions.
When you're in the big money like pan, you definitely need a good tax strategy. He's probably flipping his properties on 1035 like kind exchanges to avoid capital gains hits right now as we type.
Hell we own property in Denver and don't even live there, and don't even work at Coors, I bet he's swimming in the high rollers club.
His biggest sweat I'm sure is what order to move his properties out of ARM's if he needs to, or unload em.
