Articles, Real Estate Investors
Many real estate investors own multiple rental properties, yet each property is often treated as a separate activity for tax purposes. While this may seem like the natural approach, it can affect how certain tax rules apply and may limit the effectiveness of some... 
Articles, High-Income Earners
The 199A deduction, also known as the Qualified Business Income (QBI) deduction, is often described as an opportunity for business owners to deduct up to 20% of their qualified business income. Because of that, many high-income taxpayers assume one of two things. They... 
Articles, High-Income Earners, Real Estate Investors
Real estate has long been promoted as one of the most tax-efficient investment opportunities available. As a result, many high-income earners begin looking at property not only as an investment, but also as a way to reduce their tax liability. While real estate can... 
Articles, Real Estate Investors
Many high-income earners invest in real estate with the hope of reducing their overall tax liability. As they begin exploring different tax strategies, one term comes up frequently: Real Estate Professional Status, often referred to as REPS. It is easy to see why it... 
Articles, High-Income Earners
Since the introduction of the federal limitation on state and local tax (SALT) deductions, many high-income taxpayers have found themselves paying more in federal taxes than they expected. This has been especially noticeable in states like California, where state...
