Are you wondering where to get your taxes done? What’s the best option for your tax situation? Maybe… The post Where to Get Your Taxes Done (The 3 Best Places & Prices) appeared first on Part-Time Money.

A no-spend month seems like a great time to catch up on some reading. I’ve compiled my annual bucket list of books to be read this year! The post A LIFE ON A DIME’S 2026 BUCKET LIST OF BOOKS appeared first on a life on a dime.

We review PizzaExpress rewards, and look at how you can get free dough balls and other rewards when ordering from the pizza chain. The post PizzaExpress Club Review (2026): What is the easiest route to gold status? appeared first on The Financial Wilderness.

The Short Version: Depreciation is one of real estate’s biggest tax advantages but the IRS wants that money back when you sell. It’s called depreciation recapture, and it catches a lot of investors off guard. The depreciation recapture portion is taxed at your ordinary income rate, not the lower capital gains rate. For high earners, that can mean 32-37%. If you don’t take depreciation while you own the property, you still owe recapture when you sell. Worst of both worlds. There are ways to defer or avoid the hit entirely 1031 exchanges, strategic reinvesting, or holding until death for a stepped-up basis. One of the biggest surprises for new real estate investors isn’t a bad tenant or a busted HVAC system. It’s the tax bill when they sell. They buy a property, hold it for a few years, sell it for a nice profit, and then get blindsided by something called depreciation recapture. Suddenly, that $100,000 gain they were celebrating turns into a much smaller check after Uncle Sam takes his cut. This happens all the time. And it’s almost always avoidable if you understand how real estate taxes actually work before you start investing. The Tax Break Nobody Explains Properly When you own investment real estate, the IRS lets you deduct depreciation every year. It’s one of the biggest tax advantages of real estate investing. You’re essentially writing off a portion of the property’s value each year, even though the property might actually be appreciating. On paper, this is fantastic. Depreciation can offset your rental income, reducing your tax liability while you hold the property. For many investors, it’s the difference between real estate being a good investment and a great one. But here’s what most people don’t realize until it’s too late and it’s the fact that the IRS wants that money back when you sell. What Is Depreciation Recapture? Depreciation recapture is exactly what it sounds like. The government gave you a tax break while you owned the property. When you sell, they recapture that benefit by taxing you on the depreciation you took. Let me run through a simple example to make this concrete. Say you bought a rental property for $100,000. Over five years, you depreciated $50,000 of that value on your tax returns. Now your “basis” in the property (your cost minus the depreciation) is $50,000. Then you sell the property for $200,000. Most people look at this and think: “I bought for $100,000, sold for $200,000, so I have $100,000 in capital gains. At a 15% capital gains rate, that’s $15,000 in taxes.” But that’s not how it works. Because your basis dropped to $50,000 (thanks to depreciation), the IRS sees $150,000 in total gain. And here’s the painful part: the $50,000 of depreciation recapture isn’t taxed at the capital gains rate. It’s taxed at your ordinary income rate which for high earners can be 32%, 35%, or even 37%. So instead of $15,000

Most people assume that once you reach A‑list status, money problems magically disappear, but that couldn’t be further from the truth. Even the biggest stars can make disastrous financial decisions, fall victim to bad investments, or simply live far beyond their means. In fact, several well‑known celebrities are now facing lawsuits, tax liens, foreclosures, and massive unpaid balances that would shock the average fan. Here are five A-list celebs that are actually drowning in debt […]

Last week, I wrote about how I moved across the country with my son in a bid to get a fresh start on my life after divorce. One of the reasons I moved was to experience a lower cost of living. While I probably could have afforded to remain put, and my career isn’t constrained by geography, a lower cost of living comes with a number of advantages for my son and me. Indeed, before […]

Let me ask you something. Have you ever felt completely fine about your life until you saw what another doctor was doing? You’re scrolling for a few minutes. Or you overhear a conversation in the physician lounge about someone cutting back to part-time, launching a business, buying another property, or stepping away from medicine entirely. And all of a sudden, something shifts internally. Five minutes earlier, your life felt solid. Maybe not perfect, but steady. […]

One started submitting their resume early last year. Two told me at Thanksgiving. One told me at Christmas. Another laid out their plans in mid-February. And, of course, one is already here. Yes, what I’m saying is that my kids have begun a migration to Texas. Beauty has been here for just over two weeks now, started a new job, and has found housing. She’s staying here with my parents and I in the meantime, but will return to GA within the month to pack up the house, the animals, and the husband. We anticipate they will be moved into their new place by the end of March. History Buff made clear his intention to move to Texas when his current lease is up in August. He’s hoping his roommate/best friend will make the move with him. Sea Cadet wants to move here too. However, we’ve discussed him sitting tight in VA until he finishes the degree he’s working on in preparation for applying to PA school (eventually.) Princess is the hold out. But she is coming for 3 different week+ long visits between now and mid-year. She arrives for a 10 day visit this week. Woot, woot! It will be interesting to see who all is here by the end of 2026. (No pressure from me.) Move My Stuff I am here as moral support. They are getting no pressure from me to move. In fact, I continue to caution them that I don’t know what I will do next, after my parents no longer need me. I never wanted Texas to be my home again. But we shall see… In the meantime, I’ve got to decide if this is the time to move my storage from GA. Since Beauty and her husband will be making the move, it may be a good time to get my stuff moved. Share the cost of a Uhaul maybe? I’ve begun pricing storage here.       The post The Migration has Begun appeared first on Blogging Away Debt.