Remember that feeling when you see flashing lights in your rearview mirror, even though you’re driving perfectly legally? That’s how most people feel about IRS audits. While only a small percentage of tax returns face audits, understanding what catches the IRS’s attention can help you sleep better at night – and keep your tax returns as clean as a whistle. Let’s explore the red flags that might make the IRS raise an eyebrow (or two).…
Ever watched a master chess player thinking five moves ahead? That’s exactly what savvy real estate investors do with their tax strategy. While most people are playing checkers with their taxes, you’re about to learn how to play chess with the tax code. Welcome to Your Financial Kitchen: Cooking Up Tax Savings Just like a master chef doesn’t just throw ingredients in a pot and hope for the best, successful real estate investors don’t leave…