Taxes in retirement have been called a “silent wealth killer” for those pursuing FIRE—but does the data tell a different story? If you’re worried about a ticking tax bomb wiping out a huge chunk of your investment portfolio or even delaying early retirement, you won’t want to miss this one! Welcome back to the BiggerPockets […]
No, Taxes Won’t Derail Your FIRE: Here’s What You’ll Really Pay in Retirement Read More »
Most people invest in real estate for cash flow or appreciation, but there are enormous tax benefits as well. In this episode, we’re going to share the number one tax strategy you need to know about—the short-term rental tax loophole—which could save you thousands! Welcome back to the Real Estate Rookie podcast! Today, we’re joined
Avoid Paying Taxes (Legally) with THIS Rental Tax Loophole Read More »
2024 may be long gone, but it’s NOT too late to lower your taxes for the previous year. If you have real estate or retirement accounts, you already hold the key to minimizing your taxable income and owing less to Uncle Sam. But how do you do it? We’re sharing 2024 and 2025 top tax
CPA Shares Tax Tips to Lower Your 2024 (Yes, 2024) Taxes Read More »
In This Article Recently, a fascinating discussion unfolded on the BiggerPockets forum. It concerns capital gains taxes and how homeowners who stay in their quickly appreciating homes are hit hard when it comes time to sell—even factoring in the capital gains tax relief the IRS offers for single and married couples selling their primary residences
How Capital Gains Taxes are Hurting More and More Homeowners Read More »
Florida property taxes could drop to 0%. As the state struggles with some of the lowest affordability in the country, with home insurance almost doubling in five years and home prices increasing by more than 50% compared to pre-pandemic pricing, Floridian homeowners have seen their housing costs explode. So, what if they could save thousands
State Income Tax Changes Over the Past 5 Years How have state income taxes changed over the past 5 years? Today’s graphic from the Visual Capitalist compares how state income taxes have changed between 2000 and 2025. Stay safe, watch your wallet and have a Happy Friday!!! Hat tip to the Visual Capitalist. How
The Impact of Property Taxes on Local Government Financing
The Places with the Highest Property Tax Rates in 2025 Read More »
The Pacific Legal Foundation recently announced that a Michigan mother has appealed to the Michigan Supreme Court to uphold her constitutional right to fair compensation after her home was foreclosed on by Manistee County, sold, and the county kept $102,636 more than she owed. Chelsea Koetter, a single mother of two, fell behind on her
Several states across the nation are holding off sales tax holidays for the back-to-school season. Whether you think this is good or bad public policy can be saved for another day; the bottom-line is saving your hard-earned money! The data has been provided by the Federation of Tax Administrators and actually covers the entire year
According to a report from CBS News, the IRS is gearing up to increase audits in an effort to crack down on tax evasion and generate more revenue for the U.S. Treasury. This initiative follows the passing of the Inflation Reduction Act (IRA) which allocated $80 billion in new funding. The plan outlined by the
IRS predicts a significant increase in the number of audits. Read More »