passive activity rule

Divorce Cases: Active versus Passive Appreciation

September 1st, 2026|Categories: Accountant, accountant near me, Active vs Passive Appreciation, Burns Firm, Business, Business Tax Planning, Business Valuation, CPA, CPA Dallas, CPA near me, Dallas CPA, Divorce, Divorce CPA, passive activity rule, Small Business, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Breaks, Tax Credits, Tax Deductions, Tax Depreciation, Tax Planning, Tax Planning for Businesses, Texas CPA, The Burns Firm|Tags: Active vs Passive Appreciation, CPA, cpa near me, Dallas CPA, divorce, Divorce and Your Business, tax, tax accountant, tax advisor, Texas CPA, The Burns Firm|

It's common in divorce cases for an interest in a closely held business or professional practice to be the marital estate's most valuable asset. In many states, when the [...]

Thinking About Converting Your Home Into a Rental Property?

May 5th, 2022|Categories: Accountant, Accounting, can I convert my home to a rental, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, passive activity rule, Rental Property, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Preparation, Tax Withholding, tax write-offs, The Burns Firm, Vacation Home|

In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing this, you’re probably aware of the [...]