• Why some of the country’s top CEOs fear a recession is coming

    It's not just Cardi B. Chief executives of some of the country's top companies are also getting really worried about…

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  • 1031 Like-Kind Exchange Pitfalls to Avoid

    Good faith efforts are not enough, because lurking in the regulations are numerous procedures that have to be followed to…

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Insights

How to Maximize Depreciation

When using a 1031 exchange to defer the tax on investment property, the depreciated cost basis of the relinquished property is carried-forward to the replacement property and any subsequent replacement properties purchased in the same line of exchanges. This significantly dilutes the depreciation benefit.

Insights

L.A. Enacts “Mansion Tax” to Fund Homeless Initiatives

Los Angeles property owners face a new transfer tax with the recent passage of the United to House LA measure (Measure ULA). With the intentional misnomer “Mansion Tax,” owners of any and all real property assets valued at over $5 million will now have a hefty portion of the sale…

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How to pay 0% capital gains taxes with a six-figure income in 2023

Planning to sell some investments this year? It’s less likely to affect your 2023 tax bill, experts say. Here’s why: The IRS made dozens of inflation adjustments for 2023, including the long-term capital gains brackets, applying to investments held for more than one year. This means you can have more…

Insights

What Are The New Capital Gains Rates For 2023?

Although the stock market had a rough year in 2022, many long-term investors still have substantial capital gains on their taxable investments. While often ignored, tax planning is part of being a good investor. Being tax efficient with your investments is a great way to boost net after returns without needing to…