davenportmeghan+FollowHow Couples Are Slashing Taxes With RentalsEver wonder how some folks pay way less in taxes? Turns out, real estate investors are using a 'marital loophole'—if one spouse qualifies as a real estate pro, you can use rental losses to cut down your regular job taxes. Even if you’re not a full-time landlord, running a short-term rental (think Airbnb) and handling it yourself can also mean big tax savings. So, if you or your partner have time to manage a property, you might keep more cash in your pocket come tax season! #RealEstate #taxhacks #realestate11Share
cody79+FollowHow Billionaires Pay Less Tax Than YouEver wondered how the ultra-rich keep more of their cash? Turns out, America’s billionaires pay a lower tax rate than many middle-class folks, thanks to clever accounting and some friendly tax rules. Instead of big paychecks, they get paid in company shares and investments, making their taxable income look smaller. So while you’re budgeting for groceries, they’re using paper losses to dodge taxes. Wild, right? #Business #MakeMoney #taxhacks10Share
Gregory Mann+FollowVanguard’s New ETFs: Tax-Free Perks?Looking to keep more of your money from the tax man? Vanguard just dropped two new ETFs that let you invest in municipal bonds—one for long-term savers nationwide, and one just for New Yorkers. The big win? Interest from these funds is tax-free at the federal level, so you could pocket more cash come tax season. With everyone hunting for smarter ways to grow their savings, these low-fee options are worth a look if you want your money working harder for you. #InvestingTips #TaxHacks #Vanguard #MoneyMoves #ETFs #Business10Share
Brad Caldwell+FollowWhy Canadians Are Ditching Florida HomesThinking of selling your Florida or Arizona getaway? You’re not alone—tons of Canadians are cashing out of their U.S. vacation homes thanks to a weak loonie, sky-high U.S. prices, and some political drama. But beware: Uncle Sam wants a cut, and the paperwork can be a nightmare. FIRPTA means up to 15% of your sale price gets held back, and getting that money back can take months (or years if you miss a form). Pro tip: Talk to a tax pro before you list, or you might be waiting a long time for your cash! #RealEstateTips #SnowbirdLife #TaxHacks #MoneyMoves #CrossBorderLiving #RealEstate125Share
cody79+FollowIs Your 401K a Secret Tax Bomb?Heads up if your retirement stash is over $200K in a traditional IRA or 401K: Uncle Sam is waiting for his cut. When you start pulling money out, you could get hit with a bigger tax bill than you expect—sometimes tens of thousands! The catch? You can actually plan ahead and save a bundle if you use smart tax strategies before you retire. Don’t just wait for tax season—think ahead and keep more of your money! #retirementplanning #taxhacks #moneymoves #personalfinance #Finance158Share