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One-minute answer

Save on Taxes with a 1031 Exchange

Investments & capital gains

Dr. Friday explains how a 1031 exchange allows real estate investors to defer capital gains taxes by reinvesting in a similar property.

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One-minute answer

Professional vs. Casual Real Estate Investing

Estate, gifts & inheritance

Dr. Friday explains the tax differences between professional real estate investors and casual investors, highlighting the 750-hour rule.

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One-minute answer

Cryptocurrency and Taxes: What You Need to Know

Investments & capital gains

In this episode, Dr. Friday breaks down the tax implications of cryptocurrency. Learn why tracking transactions is crucial and how the IRS treats crypto like any other investment.

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One-minute answer

Understanding the Alternative Minimum Tax (AMT)

Investments & capital gains

The Alternative Minimum Tax (AMT) can be confusing, especially when selling stocks or participating in employee stock ownership plans (ESOPs). Dr. Friday explains how AMT kicks in when…

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One-minute answer

Real Estate Sales: Tax Rules to Know

Estate, gifts & inheritance

Thinking about selling real estate? Dr. Friday breaks down the tax implications for primary homes, investment properties, and 1031 exchanges. Learn about exclusion limits for primary residences—$250,000 for…

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One-minute answer

Unlock Savings with Capital Gains Tax Strategies

Investments & capital gains

Dr. Friday discusses capital gains tax under current laws, explaining how rates differ from ordinary income taxes. She highlights the zero-percent capital gains rate for single filers earning…

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One-minute answer

Understanding Like-Kind Exchanges for Tax Efficiency

Investments & capital gains

Dr. Friday dives into the benefits of like-kind exchanges, explaining how they allow investors to defer taxes when swapping similar assets. While not applicable to primary homes, these…

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