Real Estate Tax Planning

Real Estate Agent Tax Deductions - Essential Knowledge for Every Realtor

Caleb Thornton

Feb 56 min read

Real Estate Agent Tax Deductions - Essential Knowledge for Every Realtor

tax strategies and deductions tailored for real estate agents and self-employed individuals.

303 views

Emily Williams

Jan 37 min read

Tips to Prep for the 2024 Tax Season

Get every deduction you deserve and maximize your tax refund by prepping now with our essential 2024 tax filing tips.

406 views

Reducing Your Tax Burden: Smart Strategies for High Income Earners

Emily Williams

Dec 18, 20237 min read

Reducing Your Tax Burden: Smart Strategies for High Income Earners

If you earn a high income, smart tax planning strategies like maximizing retirement contributions, investing in real estate, and tax loss ha

93 views

Navigating Estimated Taxes: Everything You Need to Know

John Summers

Nov 21, 20235 min read

Navigating Estimated Taxes: Everything You Need to Know

Estimated taxes are a necessity for over 12 million filers - do you need to pay them?

2,732 views

The Ultimate Guide to Year-End Tax Planning for Small Business Owners

John Summers

Oct 10, 202310 min read

The Ultimate Guide to Year-End Tax Planning for Small Business Owners

Proper tax planning and preparation before year-end can lead to substantial benefits for business owners, especially with proposed tax law c

921 views

How to Minimize Capital Gains Tax on the Sale of a Investment Property

Caleb Thornton

Oct 6, 20237 min read

How to Minimize Capital Gains Tax on the Sale of a Investment Property

Selling investment property can trigger massive capital gains taxes - but you can legally minimize the tax bite using these proven strategie

67 views

LLC vs S-Corp for rental properties? Why an LLC Often Makes More Sense

Caleb Thornton

Oct 4, 20238 min read

LLC vs S-Corp for rental properties? Why an LLC Often Makes More Sense

While S-corporations do offer some benefits for high-income situations, LLCs provide more flexibility, simplicity, and protection that most

74 views

Caleb Thornton

Oct 1, 20236 min read

When Is Mortgage Interest Deductible?

This popular tax break allows you to reduce your taxable income by deducting the interest paid on a mortgage loan.

46 views

Explaining Estimated Tax Payments: A Guide for Small Business Proprietors

John Summers

Sep 28, 20235 min read

Explaining Estimated Tax Payments: A Guide for Small Business Proprietors

If you run a business or earn income outside of traditional W-2 employment, chances are you need to pay estimated taxes.

33 views

Leveraging Short-Term Rentals Tax Benefits to Slash Your Tax Bill

Caleb Thornton

Sep 27, 20235 min read

Leveraging Short-Term Rentals Tax Benefits to Slash Your Tax Bill

Bonus depreciation enables immediate deduction of the full purchase price in the year the property is placed in service, generating massive

39 views

The Ins and Outs of Schedule E Tax Deductions for Real Estate Investors

Caleb Thornton

Sep 19, 20234 min read

The Ins and Outs of Schedule E Tax Deductions for Real Estate Investors

Understanding Schedule E tax deductions allows real estate investors to maximize write-offs and minimize taxable rental income.

46 views

The Savvy Investor's Guide to Maximizing Rental Property Tax Deductions

Caleb Thornton

Sep 14, 20234 min read

The Savvy Investor's Guide to Maximizing Rental Property Tax Deductions

Utilizing all allowable deductions for your rental real estate is crucial for two main reasons - it lowers your taxable income and can offse

26 views

The Complete Guide to Short Term Rental Taxes

Caleb Thornton

Sep 11, 20234 min read

The Complete Guide to Short Term Rental Taxes

One strategy to maximize tax benefits for short term rentals is to qualify the income as active rather than passive. Here's how:

5 views

Real Estate Professional - Qualifications and Tax Benefits

Caleb Thornton

Sep 6, 20237 min read

Real Estate Professional - Qualifications and Tax Benefits

As a real estate professional, you qualify for valuable tax deductions and write-offs that non-professionals don't get.

196 views

Rental Property Taxation Guide: Understanding Income, Deductions, and Strategies

Caleb Thornton

Aug 31, 20233 min read

Rental Property Taxation Guide: Understanding Income, Deductions, and Strategies

Mastering the intricacies of rental property taxation can empower investors to maximize returns.

17 views

The Power of 1031 Exchanges: How to Defer Capital Gains Tax on Investment Property Sales

Caleb Thornton

Jul 10, 20236 min read

The Power of 1031 Exchanges: How to Defer Capital Gains Tax on Investment Property Sales

With proper planning, a 1031 exchange can unlock huge savings compared to selling outright and paying capital gains tax immediately.

8 views

Get Ahead of the Taxman: A Guide to Estimated Tax Payments

John Summers

Jul 4, 20234 min read

Get Ahead of the Taxman: A Guide to Estimated Tax Payments

Missing or underpaying estimated taxes will result in underpayment penalties when you file your return. But several strategies can help...

8 views

The Savvy Taxpayer’s Guide to Capital Gains Tax Rates

John Summers

Jun 23, 20237 min read

The Savvy Taxpayer’s Guide to Capital Gains Tax Rates

Being able to earn investment profits taxed at lower capital gains rates rather than ordinary income rates allows you to keep more...

3 views

Caleb Thornton

Apr 12, 20236 min read

17 Investment Real Estate Tax FAQs

How do 1031 exchanges work and what tax benefits do they offer? A 1031 exchange, also known as a like-kind exchange, allows you to defer cap

23 views

Leveraging Depreciation for Wealth: Unveiling Private Real Estate Tax Benefits

Caleb Thornton

Jan 12, 20232 min read

Leveraging Depreciation for Wealth: Unveiling Private Real Estate Tax Benefits

The realm of private real estate investment presents a plethora of opportunities beyond property ownership. Among these, the concept of...

9 views