Section 42 is  the Internal Revenue Service tax law section. It provides a low-income housing tax credit for "investing ...

Read More >>

For those looking to purchase a 2-4 unit building in Chicago, one of the most important variables to accurately forecast is the ap...

Read More >>

In this article, I look to cover the basic elements of Unrelated Business Income Tax (UBIT) and Unrelated Debt Financing Tax (UDFI...

Read More >>

The IRS encourages you to hire your family members in your business. What this can do is shift income from a higher tax bracket to...

Read More >>

Have you ever read about lottery winners who win millions and decided to take the lump sum now versus the installments over more t...

Read More >>

In the tax world, I’ve already noted that there’s been quite a few changes in recent years. One change that I haven&rs...

Read More >>

Earlier this month I was fortunate enough to attend Biznow’s “Chicago State of the Market.” The half-day event f...

Read More >>

Most real estate investors, especially when just starting out, use personal credit to obtain conventional loans to buy rental home...

Read More >>

I haven’t gotten the chance to discuss fix and flips quite yet. My apologies to the fix and flip real estate investors for t...

Read More >>

The tax world is ever-changing with our complex set of laws, oftentimes yearly. That is why it’s important to stay on top of...

Read More >>