4% Retirement Withdrawal Rule - Does it still make sense?

The 4% rule, while historically a useful guideline, is not a one-size-fits-all solution for today’s retirees. Adapting to current economic conditions, diversifying investments, and staying flexible with withdrawal strategies are all crucial steps to ensur...

What Happens When You Pass Away and Your S Corporation Holds a Rental Property?

I generally advise against using S corporations to own real estate, and here's why: S corporations come with several limitations that can make real estate ownership less advantageous. For one, S corporations are more restrictive when it comes to ownership...

23 Essential Strategies for Profitable Real Estate Investing in Any Economy

Investing in rental properties can be a lucrative and rewarding venture, but it requires careful planning, strategic thinking, and a long-term perspective. In this guide, we’ll explore essential strategies and considerations for buying rental properties t...

Buy or Rent Decision For New Home Buyers

Home prices have been on a steady upward trajectory for several years. Between 2019 and 2020 alone, the average home price in the U.S. rose by about 12%, and prices have continued to climb by an additional 4-5% annually. According to the National Associat...

How to Buy & Structure Your First Rental Property and Reduce Taxes

Unlock the secrets to successfully structuring your first rental property for maximum asset protection and tax efficiency! In this comprehensive guide, you'll learn about different types of investment properties, choosing the right legal entities, and nav...

Higher Education Fee Deduction for Business Owners

If the course isn't required to keep your current job or business and doesn't serve a bona fide business purpose, the expenses are non-deductible. This also includes courses that are required by a new employer or needed to meet the ...

Child and Dependent Care Credit

As parents and guardians navigate the complexities of balancing work and family, the U.S. tax code provides a measure of relief in the form of the Child and Dependent Care Credit. This tax credit is designed to aid working parents or guardians in offsetti...

Child Tax Credit

The Child Tax Credit is a tax benefit granted to American families to help offset the financial burden of raising children. It's designed to assist parents or guardians with the cost of childcare, education, and other expenses associated with bringing up ...

Partnership Tax Return Filings

The partnership tax return is a unique beast in the financial landscape, often presenting a complex array of challenges even for the savviest entrepreneurs. It’s not just about crunching numbers; it's a delicate dance of compliance, strategic planning, an...

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