Well, not entirely, but you can shield more of it.

I'm going to use a very round and specific example to demonstrate this concept. Check my understanding of the tax law on this.

Let's say you make X a year. You ...

Hi Everyone...I found out that one of my parents has substantial funds in a Money Market account that is part of his retirement portfolio. His accountant said he can invest it in ventures other than stocks, bonds, mu...

Hello,Can someone please explain how I go about re investing money with a 1031 exchange? Do I need an attorney? And is there an opportunity to keep any of the money for myself tax free? Or do I need to put every penny...

I am curious about setting up a 401k under my LLC. Is it worth the time, money, tax advantage, etc to set one up. If so which makes more sense a Sep or a Solo 401k. Would it make more sense under an S-Corp, C-Corp etc...

Through my employer I have a 403B.  I don't have the much money in there.  I'm probably going to be paying a decent amount in taxes this year, I made a lot more than last year.  What I was thinking was putting in a lo...

Just generally speaking how much in taxes would someone living in houston, tx have to pay uncle sam if they have about 100 million usd deposited in a chase bank account even if its not for the purpose of accruing inte...

I am trying to think of the best scenario to get maximum tax benefit for rental property in the following scenario. 
Say that I have a house that is paid off and I want to convert it to rental property. If I take cas...

my girlfriend of 4 years and I just had our offer accepted and the earnest money has been dropped off.  If everything goes well we will have our first home by Christmas.       We live in Vancouver Washington and neith...

Hi I am trying to learn more about property developers. When a property developer finds an old property in a historic district of an urban area that currently has many code violations not safe for human habitation, is...

So today I called my CPA to let him know that I’m going to be buying rental properties in the near future. I Wanted to get some insight on some of the tax breaks I would be getting for having rental properties, he ...