Tax-Saving Tips
This month we have more tax-saving tips that you may be able to implement to reduce your tax liability.
When Cancellation of Debt (COD) Income Can Be Tax-Free
January 19, 2023
When Can COD Income Be Tax Free? Sometimes debts can pile up beyond a borrower’s ability to repay, especially if we are heading into a
Is Airbnb Rental Income Subject to Self-Employment Tax?
January 19, 2023
Do You Owe Self-employment Tax on Airbnb Rental Income? That’s a good question. In Chief Counsel Advice (CCA) 202151005, the IRS opined on this issue.
How to Section 1031 Exchange into a Delaware Statutory Trust
January 19, 2023
As you likely know, the Section 1031 tax-deferred like-kind exchange is one of the greatest wealth-building mechanisms for real estate investors. Section 1031 Exchange With