“The IRS May See a Partnership Where You Don’t—Here’s What to Do About It” To get my complete articlewith all the details… You may be in a partnership for federal tax purposes—even if you never signed a partnership agreement or formed an entity. If you co-own property or a business with others and share income or expenses, the IRS could classify your arrangement as … [Read more...]
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Maximize Your 2025 Tax Deductions with This Overlooked Strategy
“Bonus Depreciation Is Shrinking—Here’s Your Smart Alternative” To get my complete articlewith all the details… With bonus depreciation dropping to just 40% in 2025, savvy commercial property owners are looking for powerful alternatives to protect their bottom line. Enter Section 179 expensing—a strategy that lets you write off the full cost of qualifying property … [Read more...]
[Important Tax Alert] Can Your Real Estate Pro Status Unlock Past Rental Losses?
“Can Real Estate Professional StatusFree Up Old Passive Losses?” To get my complete articlewith all the details… As tax season approaches, many real estate investors who've recently qualified as real estate professionals are asking a critical question: "Now that I'm a real estate professional, can I deduct all those passive losses from previous years?" The … [Read more...]
Real Estate Dealer or Investor? The IRS’s View Matters
“Are You a Real Estate Dealeror Investor?” To get my complete articlewith all the details… "Am I a real estate dealer or investor?" It seems like a simple question, but the answer could dramatically impact your tax situation. We've just published a comprehensive guide that: Clarifies how the IRS views each classification Explains the tax implications for … [Read more...]
Your Taxes Are About to Change Dramatically – Here’s What’s Coming
“Individuals on the Brink:The TCJA Tax Shuffle Will Begin Soon” To get my complete articlewith all the details… Did you know that your tax bill could look drastically different pretty soon? The biggest tax overhaul in recent history is about to expire, and it will affect YOUR bottom line. The Tax Cuts and Jobs Act (TCJA) provisions are set to sunset in 2025, … [Read more...]