You did it. The closing is done, the funds are in your account, and you’re celebrating the successful sale of your first rental property. It’s a huge milestone. But as the initial excitement fades, a nagging thought might creep in: Now what? How do I handle this on my tax return
Podcast Summary: Bonus Depreciation 2025: Is the 100% Tax Break Dead? Bonus depreciation: It’s been a huge tax advantage for real estate investors, but the rules keep changing. Is the 100% deduction gone for good? What’s the current rate for 2025? And how should you adjust your investment strategy? In
With the national average cost of home insurance reaching $2,304 per year for a policy with a $300,000 dwelling limit, homeowners are increasingly looking for ways to offset this significant expense. This translates to approximately $192 in monthly premiums, though individual costs can vary substantially. Your specific premium depends on
A 401(k) is a cornerstone of retirement savings, offering tax advantages that help you build a secure nest egg for the future. But life’s unpredictability sometimes means you might need to tap into these funds sooner than planned. Understanding the rules, tax implications, and alternatives to 401(k) withdrawals—such as loans
Dive deep with me into real estate tax deductions, where intelligent homeowners and investors like us use taxes to produce wealth. I’m more than simply a guide; I’m a fellow traveller who has negotiated the complex tax environment to find deductions that have greatly increased my investment profits. I’m excited