Why We Won’t Buy Rental Properties in Blue States
Why we look across the Indiana border, not in Illinois, for rental properties near Chicago: insurance, taxes and landlord-tenant law.
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The Augusta Rule: A Tax Strategy Most Business Owners Have Never Heard Of
The Augusta Rule (IRC Section 280A) can let a business rent your home for up to 14 days a year tax-free to you. Here are the conditions.
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The Short-Term Rental Tax Loophole Explained
How the short-term rental tax loophole works, and why the depreciation study, rental requirements and CPA guidance matter.
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How a $75,000 Bonus Could Cost You the SALT Deduction in 2026
The 2026 SALT deduction rose to a little over $40,000, but it phases out above $505,000 of income. Here’s why a bonus matters.
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Estate Planning Is About More Than Avoiding Estate Tax
Estate planning is about more than estate tax: control, timing, divorce, minor children and heirs who aren’t ready.
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The Augusta Rule: How Business Owners Can Save on Taxes
How the Augusta Rule (Section 280A) lets business owners rent their home to their business for up to 14 days a year.
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Hiring Your Kids or Grandkids: The Details That Matter
Hiring your kids for a tax deduction works only if the work is real and the structure is right. Here are the details.
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How One SUV Purchase Led to a $45,000 Section 179 Deduction
How Section 179 can let a qualifying business vehicle be deducted in the year it’s placed in service, with a $45,000 SUV example.
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Renting Out Part of Your Home? Tax Deductions You May Be Missing
Renting a room or apartment in your home can unlock deductions for utilities, taxes, maintenance and depreciation.
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The Tax Code Section Named After a Golf Tournament
The Augusta Rule, named after a golf tournament, can let you rent your home to a business tax-free for a limited number of days.
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