Qualify as a trader — deduct unlimited losses against ordinary income.
Traders in securities who elect §475(f) mark positions to market at year end, converting gains/losses to ORDINARY. Unlocks unlimited loss deduction (no $3K cap), no wash sale rule, and full home-office/expense deductions. Must qualify as a trader (frequency, continuity, intent).
Click Generate advisory deep dive for mechanics, IRC citations, a step-by-step execution plan, a worked numeric example on your profile, costs, risks, and this-week actions.
Front-load depreciation on real estate to slash current-year taxes.
Turn W-2 income into tax-free passive rental losses.
Defer capital gains indefinitely by rolling into bigger real estate.
Defer + eliminate capital gains via OZ funds.
Rent your home to your business up to 14 days/year — tax-free.
Deduct 20% of pass-through business income.
Slash self-employment tax on profits above ~$50K.
Expense equipment, vehicles, and property in year one.