To get my complete, FREE articlewith all the details… What’s the Holy Grail that taxpayers seek? Depreciation. Why? Because as you probably know, depreciating an asset over time can reduce your tax bill. What you may not know is that… All real property is not created equal. Here’s the difference: You can depreciate residential real property (like an … [Read more...]
Traveling on Business? Stay at the Mom and Dad Hotel
To get my complete, FREE articlewith all the details… If your business travel takes you to where family or friends live, I’ve got a great idea for you. Instead of staying overnight at a hotel in their area, and giving your money to a giant corporation, why not stay with your mom and dad, or a close friend, and give them rent money? When you use this strategy, you’ll … [Read more...]
Paying for College: A Winning Strategy
To get my complete, FREE articlewith all the details… Do you operate a business? Is your youngster eighteen-years-old or older? Then I have good news for you! If you handle things right, you can use a powerful strategyto build a sizable college fund. That’s right… The strategy explained below can help yousignificantly cut your tax bill. This frees up … [Read more...]
Is a Self-Directed IRA Right for You?
To get my complete, FREE articlewith all the details… Hey. Don’t blame the “custodians” of your traditional IRA investments. It’s not their fault that they’re limiting you to buying vanilla investments like stocks, bonds, mutual funds, and ETFs. They’re just following the law. But what if you want more controlover your investment choices? Consider a … [Read more...]
Watch Out if You Own a Home for Rental AND Personal Use!
To get my complete, FREE articlewith all the details… Do you use a home for both rental and personal use? Then I urge you to read the full article right now. Why? Because I’ll explain the complicated IRS rules that determine how much tax you’ll have to pay. Home sweet vacation home. When you use a home for both rental and personal use, the IRS considers it … [Read more...]