Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.

Depends on the person, but as a professional real estate investor it would be a no brainer for me.

Quote from @Irina Badal: I heard for anonymity purpose it’s advisable to set up a personal residence trust.

Quote from @Eli Fazzo: @Will Gaston for how many investment properties can you use this 25% exemption? 

I personally used a 40k ADU grant with CALFHA HPP Cares that covered a chunk of the cost.

Hi everyone! I'm Igor - a revenue management expert with over 10 years of experience in the hospitality industry. I started my career working for Marriott in New York and Toronto, specializing in dynamic pricing and...

Hello- I have a. situation that I need some clarification and understanding.Situation: My wife is the Conservator and legal guardian of her mother who is in memory care. In order to help finance the care, we are curre...

When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18.

As a 100% disabled veteran, I’m exempt from property taxes on such properties, which makes this strategy even more feasible.

I personally do have experience with renovations, and being a landlord and have done a few flips some went well and some did not and I have learned some valuable lessons along the way.