Tax-loss harvesting allows investors to turn losing trades into meaningful tax savings. By selling investments at a loss, you can offset capital gains dollar-for-dollar, reduce up to $3,000 of ordinary income each year, and carry unused losses forward. This guide explains how tax-loss harvesting works, the critical wash-sale rule to avoid, common mistakes investors make, and how Brister Law Firm helps clients apply this strategy correctly to keep more of their investment returns.

Depreciation can create powerful tax savings, but Passive Activity Loss Rules often delay when you can use them. Learn how PAL rules impact rental property owners and investors, why suspended losses aren’t gone forever, and strategies like Real Estate Professional Status, grouping elections, and cost segregation that can turn paper losses into real savings.

Turn everyday family payroll into a wealth-building powerhouse. By paying your children through your business and funding their Roth IRAs, you can lower your tax bill, shift income tax-free, and set your kids up for million-dollar retirement accounts. Done correctly, this strategy keeps money in the family, teaches financial responsibility, and builds generational wealth—starting now.