8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax

Getty Images; Alyssa Powell/BI

• High-net-worth investors use many loopholes to reduce their taxes.
• Among them are exchange funds, collars, 1031s, and hedging and borrowing against assets.
• But investing in qualified opportunity zones has been the home run strategy.

In simple terms, there are only three places your money can go: to you and your family, to charitable organizations, and to the IRS. That's the pep talk Nayan Lapsiwala, a director of wealth management and partner at Aspiriant...