In this guide, we explain what tax-loss harvesting is, how it works, and how physicians and other high-income investors can use it effectively. We also outline some practical steps for implementing the strategy and highlight common pitfalls to avoid so you have a reliable framework for reducing your tax liability without compromising your long-term investment goals.| Cerebral Tax Advisors
The short-term rental tax loophole is a popular tax break amongst rental property owners. This tax code provision might allow you to classify your rental income a little differently, allowing you to offset a portion of your rental income with other active income sources.| Cerebral Tax Advisors
As a physician and business owner, obtaining real estate professional status (REP) is an invaluable strategy that can provide you with tax benefits now and in the future.| Cerebral Tax Advisors