Category: Investments

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Real Estate Tax Savings: Using a Property for Short-Term Rentals

Looking to invest in real estate? The many tax loopholes available can make this an attractive source of income—but first-time property owners may feel uncertain about taking advantage of these tax breaks. Rest assured that legitimate loopholes were intentionally created by the government to promote property ownership. By enticing taxpayers

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Tax Free Growth with a Roth IRA

Roth IRAs are owned by 19 percent of all U.S. households. If you are younger than age 50, you can contribute a maximum of $6,000 per year. If you are age 50 or older, you can contribute up to $7,000 per year. Advantages of a Roth IRA: No required minimum

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