>It has many loopholes, such as assigning each of your 5 properties to your wife, daughter, aunt, shell company or a dog Shell company of a dog doesn't have a

>It has many loopholes, such as assigning each of your 5 properties to your wife, daughter, aunt, shell company or a dog Shell company of a dog doesn't have a primary residence. As for the rest, either they'll have to live there (in which case, it's fair), or they'll go behind the bars for properly tax evasion. And it doesn't take much to find out that a property listed as primary residence for tax purposes is being rented out. Add some reporting incentives, and hey, that loophole takes care of itself.