Potentially, a vacation rental tax shelter generates extremely large tax deductions for an investor. Even better, almost anybody can use a vacation … [Read more...] about Vacation Rental Tax Shelters
real estate
Real Estate Broker Section 199A Deduction
If you’re a real estate agent or broker, you may wonder whether the new Section 199A deduction works for you. And the short answer: Probably you … [Read more...] about Real Estate Broker Section 199A Deduction
Section 199A Rental Property Trade or Business Definition
Section 199A potentially gives real estate investors a deduction equal to 20% of their rental income. Some real estate investor with, say, $100,000 … [Read more...] about Section 199A Rental Property Trade or Business Definition
The Retirement Saving Section 199A Deduction Connection
Note: This blog post has not been updated for the Section 199A final regulations that appeared over the 2019 Martin Luther King Jr. holiday weekend … [Read more...] about The Retirement Saving Section 199A Deduction Connection
The Section 199A Section 1031 Conundrum
A reader of our “Maximizing Section 199A Deductions” monograph recently e-mailed to ask about the Section 199A Section 1031 connection. His … [Read more...] about The Section 199A Section 1031 Conundrum
Real Estate Professional Audit Troubles
Are you worried about a real estate professional audit? You maybe should be if you're using the real estate professional designation to sidestep … [Read more...] about Real Estate Professional Audit Troubles
199A Deduction: Calculating Your Tax Savings
As you work on preparing your 2018 income tax return, you may wonder how much income tax the new Section 199A deduction saves you. This post, … [Read more...] about 199A Deduction: Calculating Your Tax Savings
Meals and Entertainment Deduction Rules for 2018 and Beyond
The meals and entertainment deduction rules for 2018 differ from those used in the past. If you’re a business owner or real estate investor, you … [Read more...] about Meals and Entertainment Deduction Rules for 2018 and Beyond
New Mortgage Interest Deduction Rules
The Tax Cuts and Jobs Act of 2017 creates new mortgage interest deduction rules. I’m going to briefly describe the new rules, therefore, so you can … [Read more...] about New Mortgage Interest Deduction Rules
The Real Estate Investor Sec. 199A Deduction
If you’re a real estate investor, you’ve probably already wondered whether you get a real estate investor Sec. 199A deduction. (You maybe do.) And … [Read more...] about The Real Estate Investor Sec. 199A Deduction