STR Loophole
The Short-Term Rental (STR) Loophole is a tax strategy that allows real estate investors to deduct rental losses against their ordinary income (e.g., W-2 income) without being subject to the Passive Activity Loss (PAL) limitations.
Above & Beyond CPA
One Big Beautiful Bill: What It Means for You
The One Big Beautiful Bill (also called the OBBB or OB3) was signed into law on July 4, 2025. The legislation introduces significant changes to federal taxes, credits, and deductions.