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Real Estate Pro Status Does Not Mix With Full Time Day Job

Real Estate Pro Status Does Not Mix With Full Time Day Job

Originally published on Forbes.com July 18th, 2013 So you want to be a real estate professional.  That is the wish of just about everybody who loses money on their rental properties. Starting this year, thanks to the 3.8% Obamacare tax, it will become the wish of many...
Court Of Claims Cuts No Slack On Filing Deadline

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Originally published on Forbes.com July 17th, 2013 If you disagree with the IRS when they tell you that you should pay more tax, there are two approaches once you are done appealing within the IRS.  You can file a petition with the Tax Court.  There is a pretty tight...

Toxic Combination Day Trading And Failure To File A Tax Return

Originally published on Forbes.com July 17th, 2013 If you fail to file a tax return, you may find that after a while the IRS will prepare one for you.  You may not like their computations and think that you could have done a better job yourself.  It may, however, be...