When replacing property through a 1031 exchange and choosing a Delaware Statutory Trust (DST) as the replacement property, depreciation...

Growing Businesses rely on accelerated depreciation to fund growth.  Here’s how: Depreciation is a tax deduction that allows businesses...

Great question - I am sure some will disagree with me, but here it is: Ranking Tax-Deferred and Investment Options: From Most to Least...

Depending on the size of your estate at death, you could end up giving more to your state than to the federal government. While the...

Defined benefit plans are a powerful retirement savings tool, offering significantly higher contribution limits than other retirement...

1. Introduction to Depreciation Recapture Depreciation recapture can create a tax burden when a real estate property is sold. Over the...

A: An UPREIT is clearly the most optimal structure for charitable donations of real estate, offering significant tax benefits,...

I love giving the standard attorney answer "it depends" - just kidding, I hate it. In this case, the answer is yes, but its complicated...

A: Section 1202: The Power of Qualified Small Business Stock For business owners, Section 1202 of the Internal Revenue Code offers one of...

Using an UPREIT (Umbrella Partnership Real Estate Investment Trust) can be a strategic way for taxpayers to leverage estate planning...

For taxpayers with gambling income, the Jacob Bright case is a critical reminder of the consequences of poor record-keeping and...

A: For tax purposes, determining whether car rental income is classified as a "trade or business"  or just "rental income"  generally...

For individuals with significant wealth, particularly estates that exceed the federal estate tax exemption (which is currently $13.61...

Gifting is one of the most effective ways to reduce estate tax liability and transfer wealth to future generations. When structured...

When it comes to estate planning, there is no shortage of acronyms. Here is a quick list to help you short through the alphabet: GRAT  –...

For small business owners, tax deductions are an essential tool for reducing taxable income and improving overall cash flow. Knowing...

A: Many real estate investors reach a point where managing their properties becomes more of a burden than a benefit. The appeal of...

Yes, but it works differently compared to being self-employed. S Corporation owners can't directly claim a home office deduction on their...

This post dives into a topic that is often overlooked amidst the flood of advice on why you should  form an S-corporation (S-Corp). While...

A: Recapitalizing a property by reducing debt levels and increasing equity can be an effective strategy to boost cash flow. Let's explore...