House Flippers: The Tax Classification That Matters Most To get my complete article with all the details… Your first house flip didn't go as planned. Instead of a profit, you ended up with a sizable loss. Now comes the important tax question: Is that loss fully deductible this year—or are you limited to deducting just $3,000 annually? Here are three reasons … [Read more...]
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Four Ways to Turn Suspended Losses into Real Tax Savings
Four Ways to Turn Suspended Losses into Real Tax Savings To get my complete article with all the details… If you've owned rental property for years, you may have tax deductions waiting to be claimed. The challenge is knowing how—and when—to unlock them. Here are three reasons to read this article: Learn More: Four Tactics That Turn Suspended Passive Losses … [Read more...]
Can Your Classic Car Deliver a Tax Deduction?
Can Your Classic Car Deliver a Tax Deduction? To get my complete article with all the details… Can a classic or antique car qualify for the same business tax deductions as a new vehicle? The answer may surprise you. Here are three reasons to read this article: Learn How the Rules Apply: Tax Deduction for Classic or Antique Cars Used in Business … [Read more...]
Don’t Calculate Your 2026 Section 199A Deduction by Hand
Don't Calculate Your 2026 Section 199A Deduction by Hand To get my complete article with all the details… The Section 199A deduction is now permanent—but that doesn't mean calculating it got any easier. Here are three reasons to take a closer look: Learn More: Tool for Your Use: Updated 2026 Section 199A Calculator … [Read more...]
From S Corp to QSBC: Worth the Move?
From S Corp to QSBC:Worth the Move? To get my complete article with all the details… A question came up recently that I’ve heard more than once: “Can I turn my S corporation into something that gives me a better tax result when I sell?” The short answer is yes… but not in the way most expect. And with the latest law changes, the opportunity is more compelling … [Read more...]