How to Calculate Quarterly Estimated Taxes When Your Income Fluctuates

For many business owners, quarterly taxes become a problem for one reason: income changes throughout the year, but estimated tax payments do not. TLDR A contractor lands several large projects. A consultant signs new clients. A short-term rental property performs better than expected during peak season. Revenue increases, but estimated payments remain based on outdated…

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The STR Tax Loophole That Can Eliminate Your Tax Bill (If You Qualify)

If you own a short-term rental, you’ve probably heard someone mention the “STR tax loophole.” TLDR The term gets thrown around constantly in real estate circles, usually without much explanation. Some investors assume it’s an aggressive tax strategy. Others dismiss it as another piece of internet tax advice that sounds better than it actually is.…

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