Articles

Puerto Rico Act 60 Export Services: What the 4% Actually Covers

A Chapter 3 decree fixes Puerto Rico’s tax on export services income at 4% and exempts the distribution to owners. What it covers, what it leaves exposed, and why the entity holding the business decides more than the decree does.

US-Germany Tax Treaty: A Plain English Guide for Americans Abroad

US-Germany Tax Treaty: A Plain-English Guide for Americans Abroad Americans in Germany The US-Germany Tax Treaty does less for US [...]

Bookkeeping for Real Estate Investors: What to Track

Books are the foundation; what gets built on them is the return. See real estate tax services for investors.

Small Taxpayer Safe Harbor: Deduct Rental Repairs Faster

Small Taxpayer Safe Harbor: When Rental Repairs Don't Need to Be Capitalized Small Taxpayer Safe Harbor for Rental Property Spent [...]

The Lazy 1031 Exchange: Defer Gains Without a New Property

The Lazy 1031 Exchange: Defer Capital Gains Without Finding a Replacement Property The Lazy 1031 Exchange Tired of being a [...]

Material Participation for STR Owners: The 100-Hour Rule

One hundred hours is only half the test — you also have to do more than anyone else, including your cleaner and your co-host. Where that argument is won or lost is the log.

The 14-Day Rule: Personal Use Days and the Deduction Cap

Fourteen days, or 10% of the days rented, whichever is greater. Cross it and the property changes character for tax purposes, and several deductions change with it.