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High State Income Taxes: The Ugly, the Bad, and the Good

High State Income Taxes: The Ugly, the Bad, and the Good

Last year, I paid six figures worth of state taxes. How can I justify continuing to live in this state when it costs so much money to do so? The post…

Understanding Section 121 Capital Gains Tax Exclusions

Understanding Section 121 Capital Gains Tax Exclusions

Understanding Section 121 Capital Gains Tax Exclusions From Military To Millionaire Thanks for uploading the subtitle file for the presentation on Se…

7 Ways to Retire on Tax-Free Real Estate Investments

7 Ways to Retire on Tax-Free Real Estate Investments

The average American loses over half a million dollars ($524,625, to be exact) to taxes over their lifetime. And let’s be honest: The average BiggerP…

Which States Tax Student Loan Forgiveness?

Which States Tax Student Loan Forgiveness?

The guide to state taxes and student loan forgiveness: learn which states exclude forgiveness from your income and which states may levy taxes on for…

Friday Flight: Tax Tips, Wage Deflation, & Liberated From Low Prices- Episode 966

Friday Flight: Tax Tips, Wage Deflation, & Liberated From Low Prices- Episode 966

Time for a Friday Flight- our little sampling of the week’s financial news and what it means for your personal finances. There are a lot of headlines…

Trustworthy Tax Advice w/ Jasmine DiLucci – Episode 965

Trustworthy Tax Advice w/ Jasmine DiLucci – Episode 965

Imagine a scenario where you purchase pretty much whatever you want at the grocery store, you frequently go out to eat, and on top of that you always…

Trustworthy Tax Advice w/ Jasmine DeLucci – Episode 965

Trustworthy Tax Advice w/ Jasmine DeLucci – Episode 965

Imagine a scenario where you purchase pretty much whatever you want at the grocery store, you frequently go out to eat, and on top of that you always…

Should You Pay For Audit Protection For Your Taxes?

Should You Pay For Audit Protection For Your Taxes?

Could audit protection for your taxes really help you out? Find out what audit protection insurance actually covers and more. The post Should You Pay…

8 Clever Tax Strategies to Get the Most of Your IRA

8 Clever Tax Strategies to Get the Most of Your IRA

Despite their limitations, individual retirement accounts (IRAs) are incredibly powerful. And you can do all kinds of creative tricks with them to bu…

Florida Pushes to Abolish Property Taxes, These States Could Follow Soon

Florida Pushes to Abolish Property Taxes, These States Could Follow Soon

Florida property taxes could drop to 0%. As the state struggles with some of the lowest affordability in the country, with home insurance almost doub…

The “Asset Location” Dilemma: Tax Strategy or Tax Trap?

The “Asset Location” Dilemma: Tax Strategy or Tax Trap?

How important is "asset location" - the practice of placing "high tax" investments into our qualified, tax-advantaged investing accounts?

10 Best Tax-Free Investment Options to Consider

10 Best Tax-Free Investment Options to Consider

Successful investors will take advantage of tax-free investments to lower their tax burden but should take care not to sacrifice higher returns in do…

What Is a CP05 Letter from the IRS and What Should I Do?

What Is a CP05 Letter from the IRS and What Should I Do?

Are you wondering about the CP05 letter that showed up on your desk from the IRS? Don't worry yet! Here are the answers you'll probably need! The pos…

What To Do If My Parents Claimed Me On Their Taxes?

What To Do If My Parents Claimed Me On Their Taxes?

Here is our guide on what to do if my parents claimed me on their taxes even though you're in college or an adult outside the house. The post What To…

100% Bonus Depreciation Could Return This Year: 2025 Tax Update

100% Bonus Depreciation Could Return This Year: 2025 Tax Update

Real estate is one of the most tax-advantaged investments in the country. With bonus depreciation, opportunity zone investing, 1031 exchanges, and mo…

IRS Mileage Rates (How to Maximize Your Tax Deductions)

IRS Mileage Rates (How to Maximize Your Tax Deductions)

While taxes are unavoidable, taking advantage of eligible deductions ensures you’re not leaving free money on the table. This article explains the IR…

How Capital Gains Taxes are Hurting More and More Homeowners

How Capital Gains Taxes are Hurting More and More Homeowners

Recently, a fascinating discussion unfolded on the BiggerPockets forum. It concerns capital gains taxes and how homeowners who stay in their quickly …

Taxes in Retirement, Tax-Gain Harvesting, and Avoiding Probate

Taxes in Retirement, Tax-Gain Harvesting, and Avoiding Probate

Answering reader questions about tax liability in retirement, Social Security tax limits, tax-gain harvesting in UGMA accounts, and whether it is imp…

Ownwell Review: How I Saved $706 on Property Taxes Last Year 🥳

Ownwell Review: How I Saved $706 on Property Taxes Last Year 🥳

Property taxes are really expensive in many states. I know this pain well, because my rental duplex is located in one of the most expensive counties …

8 Last-Minute Tax Reminders For 2025

8 Last-Minute Tax Reminders For 2025

If you're still waiting to file your taxes, here are eight tax reminders to know so that you don't make a mistake before the tax deadline. The post 8…