Capitalize property taxes and interest on undeveloped land.
Instead of losing the deduction on unimproved investment land (where SALT caps and passive rules block it), elect under §266 to CAPITALIZE mortgage interest, property tax, and carrying costs into basis — reducing cap gains at eventual sale.
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Multiply the $10M §1202 exclusion across multiple trusts.
4% corporate tax + 0% capital gains for bona fide residents.
Stack the $500K primary-home exclusion on top of a 1031 deferral.
Convert Traditional to Roth during sabbaticals or business-loss years.
Deduct now, control forever, employ heirs.
Ordinary loss (not capital loss) on failed small biz — up to $100K.
Buy leveraged real estate inside your IRA — tax-deferred or tax-free.
Sold on seller finance? Sell the note for immediate liquidity.