#tax-code

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fromSubstack
1 day ago

Thanks to the World's Snobbiest Golf Course, You Can Rent Your House Out for Two Weeks Without Paying Taxes

The Augusta Rule allows homeowners to rent their primary residence for 14 days or fewer in a calendar year, making the rental income completely tax-free. Homeowners do not need to report it or fill out a Schedule E, simplifying the process significantly.
Retirement
Cars
fromInsideHook
2 weeks ago

Some Drivers Will Qualify for a New Tax Break on Car Payments

A new tax code update allows some car buyers to deduct monthly payments on new vehicles assembled in the U.S. starting in 2025.
fromSFGATE
8 months ago

How the One Big Beautiful Bill Act Could Affect Your Heirs-and Your Home

The One Big Beautiful Bill Act (OBBBA) permanently expands the federal estate tax exemption, allowing families to transfer up to $30 million tax-free without expiration.
Real estate
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