March 6, 2025
Marginal vs. Effective Tax Rates: A 2025 Guide for Self-Employed Professionals
As a real estate agent or self-employed professional, understanding marginal vs. effective tax rates is crucial for smart financial planning. More importantly, knowing how to lower your effective tax rate can help you keep more of your hard-earned income.
February 24, 2025
What is Reverse Budgeting, and Is It Right for You?
Managing finances as a realtor or business owner can feel unpredictable, especially with fluctuating income. Traditional budgeting methods often don’t work well for commission-based professionals. That’s where Reverse Budgeting and the 50/30/20 cash flow strategy come in—helping you build financial success without micromanaging every dollar.
February 10, 2025
It’s A Write Off! What Does That Really Mean
Many business owners think write-offs make expenses free—but in reality, you’re still spending real money. A tax deduction just lowers your taxable income, not your actual costs. Before you buy that new business car or book that “work trip,” let’s break down what a write-off really means (and why it’s not a magic loophole).
January 27, 2025
Tax Season Simplified: 2024 Filing Tips for Realtors and Self-Employed Individuals
Tax season is upon us, and if you’re a realtor or self-employed individual, now is the time to take control. Filing taxes doesn’t have to be overwhelming, and with some smart preparation, you can save time, reduce stress, and even keep more money in your pocket. Ready to get started? Let’s break it down into manageable steps.
January 20, 2025
529 Plans: A Simple Way to Save for Education in 2025
Planning for education expenses can feel overwhelming, especially with the rising cost of tuition. Thankfully, 529 plans offer a powerful, tax-advantaged way to save for your child or grandchild’s future—without compromising your other financial priorities. Here’s a closer look at how these plans work, the benefits they offer, and why they might be a smart addition to your financial plan in 2025.
January 13, 2025
2025: The Year You Conquer High-Interest Debt
Not all debt is created equal. While a mortgage or business loan can be a tool for growth, high-interest consumer debt—anything over 10%—can be a major roadblock. For self-employed individuals like realtors, high-interest credit card debt and personal loans can sabotage financial goals, making it harder to build wealth and secure financial independence. In 2025, it’s time to prioritize eliminating these financial burdens with a tailored plan for success.