“Use In-Kind RMDsto Avoid Selling YourRetirement Account Assets” To get my complete articlewith all the details... The stock market has been tanking. Bonds have been losers too. But the IRS couldn’t care less that you go into cardiac arrest every time you open your monthly statements. And the law is on the side of the IRS. You see, if you’re 73 or older,you … [Read more...]
Losses
Sorted by Date
2022 Last-Minute Year-End Tax Strategies for Your Stock Portfolio
“2022 Last-Minute Year-EndTax Strategies forYour Stock Portfolio” To get my complete articlewith all the details… Sure, the market is down big time but that doesn’t mean you can’t take steps to lessen the damage... if you act by December 31. I’m talking about two strategies that can let you: Avoid the high taxes on short-term capital gains on ordinary … [Read more...]
Say Goodbye to 100% Bonus Depreciation
“Get Ready to Say Goodbye to 100%Bonus Depreciation” To get my complete articlewith all the details... They say “all good things come to an end.” That’s what’s going to happen on December 31, 2022. (In other words, soon!) That’s the date that 100% bonus depreciation comes to a sorry end. What does this mean to you? It means the wind-down of bonus … [Read more...]
Maximize Profits and Defer Taxes with an Installment Sale
“Maximize Profits and Defer TaxesWith an Installment Sale” To get my complete articlewith all the details... What exactly is an installment sale? An installment sale is a sale of eligible property where you receive at least one payment after the close of the taxable year in which the sales occur. [There is much more to say about this, and I’ll give you allthe … [Read more...]
Does Grouping Rental Properties, Release Suspended Losses?
Thinking of grouping rental properties? Read my new article before you make a move. “Does Grouping Rental Properties,Release Suspended Losses?” To get my complete articlewith all the details... One of the things I always enjoy, is hearing from my readers of the Tax Reduction Letter. I recently received a note from a CPA about a top real estate broker, asking … [Read more...]