Guys,

I have been thinking about taxes lately and have come to realize that they will hit me very hard if I do not proactively find a solution. I trade the markets with with few expenses to deduct and will be in the ...

Those of you that are self-employed and therefore responsible for withholding your own taxes, how much of your earnings do you stash? Are there any strategies you use to earn a decent (but safe) return on the money yo...

Hey y'all, I am considering buying out of state in a market that has state income taxes. I live in Texas where we do not have state income taxes. In this case, how does that work? It is my understanding that profit ma...

High w2 earner and was wondering what would be savings i make on tax regarding rental income after all tax write off?for example I’d need to make 18 at work to equal 9k rental income.

So I calculated that with real...

There are several different types of income in the US tax code.

Two main types are “active income” and “passive income".

Active income is money you earn from working, such as wages from a W-2 job or income from ...

Hello, BP land!I've just purchased my first long term rental and am looking at next steps.  I used a HELOC on my primary home to finance the down payment for this first property.  I am considering a fix-n-flip next to...

Here's a 529 plan question for the tax gurus...

I setup a 529 college savings plan for my youngest years ago. She now is in college and earned a full scholarship, so she doesn't need the 529 plan funds for her underg...

Just wanted to see what everybody's thoughts were. I'm working on a deal right now on a second rental property that if I complete it, I'm looking at around $1,100 per month in cash flow after expenses. My thought is t...

I'm starting to model some much more sophisticated scenarios of buying investment properties, but before I even got too far into it, I began modeling the impact of inflation on your paycheck and personal expenses.For ...

I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself).  Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...