“Is Holding Real Property in a Corporationa Good or Bad Idea” To get my complete, FREE articlewith all the details... My new article is intended to answer a very important question: Does ii make sense for you to hold real property in your corporation? Here’s my advice. For tax reasons, you’re generally well advised NOT to hold real property in your … [Read more...]
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Are You a Regular Investor or a Tax-Favored Securities Trader?
“Are You a Regular Investor ora Tax-Favored Securities Trader?” To get my complete, FREE articlewith all the details... __________________________________________________ DEFINITION: Mark to market For tax purposes, mark to market meansresetting the value of say a stock or other asset toits market price on December 31 (or fiscal yearend date if … [Read more...]
Antiques: an often-overlooked asset for businesses
An Often-Overlooked Asset for Businesses As a business owner, staying informed about tax deductions and wise investment choices is important. This February 2023 antiques article provides valuable information on how you can deduct the cost of certain antiques used in your business. The courts have established a legal precedent for your doing so by ruling in favor of … [Read more...]
Section 1031: Don’t Miss This Depreciation Election Opportunity
“Section 1031: Don’t Miss ThisDepreciation Election Opportunity” To get my complete articlewith all the details... DEFINITION: Cost segregation study. A cost segregation study is a process that examines each element of a property, splits them into different categories, and allows you … [Read more...]
Section 1031 Exchanges vs. Qualified Opportunity Zone Funds: Which Is Better?
“Section 1031 Exchanges vs.Qualified Opportunity Zone Funds:Which Is Better?” To get my complete articlewith all the details... ------------------------------------------------------------------- Quick Definitions: Qualified opportunity zones are economically distressedcommunities that seek investment. If you make appropriateinvestments you may qualify … [Read more...]