House Flipping Tax Traps
There are a multitude of TV shows these days [...]
5 Tax Considerations BEFORE You Start Renting Your House or Condo
I frequently encounter new landlords who are confused and/or [...]
Interest Tracing Rules and how they may effect you.
I told one of my sons I was writing [...]
Tax Extensions for Military Personnel
As any service member knows, military life comes with [...]
Suspended Passive Losses on Rental Property
In my mind the primary advantage of investing in [...]
Why you don’t just need a tax preparer – you need a tax strategy.
There are several significant differences between investing in real [...]
Military Reservist Travel Deduction
Active duty military members and reservists from the same [...]
How to exclude the capital gains taxes for your residence
The Section 121 Exclusion is one of the biggest, [...]
Exclusion of Capital Gains Tax from Home Sale
The Section 121 Exclusion is one of the biggest, [...]
Virginia’s Basic Military Pay Subtraction
Military personnel who pay taxes in Virginia often overlook [...]