CPAs and taxpayers made some Section 199A mistakes in 2018. We saw that a lot in the returns people asked us to review. And in the returns that passed … [Read more...] about Section 199A Deduction Rookie Mistakes
real estate
Are Houses Investments?
I got into a friendly argument with another financial writer recently. I said houses count as investments. He said houses didn’t count. We chatted … [Read more...] about Are Houses Investments?
A Dozen Reasons for Direct Real Estate Investment
Okay, I am not a direct real estate investment fanatic. Absolutely not. Further, I get that direct real estate investment burdens investors with … [Read more...] about A Dozen Reasons for Direct Real Estate Investment
Vacation Rental Tax Shelters
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 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