The Augusta Rule Explained: Tax-Free Home Rentals for Your Business

The Augusta Rule: Rent Your Home to Your Business—Tax-Free! It’s true—you can rent your home to your business for up to 14 days a year and not pay taxes on the rental income. This unique tax strategy, known as the Augusta Rule, allows business owners to convert personal living space into a tax-deductible expense, effectively … Read more

1031 Exchanges: How to Defer Capital Gains Tax on Real Estate Sales

Keyboard, mouse, and tax documents with numbers, symbolizing the process of filing ERC refund lawsuits.

If you’re in the real estate game, you’ve probably heard about 1031 exchanges. They offer a powerful way to defer capital gains taxes when you sell an investment property, therefore lowering your yearly tax liability, but they come with specific rules. Let’s break it down in a way that makes sense without all the legal … Read more

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