Minnesota Business Owners and Tax Planning: What You Need to Know
Minnesota ranks among the higher-tax states for business owners and high earners — which makes proactive tax planning not just smart, but essential. This post covers the key strategies Minnesota business owners should be aware of to reduce their tax burden legally and effectively.
What Is a 1031 Exchange? A Simple Guide for Real Estate Investors
Selling an investment property doesn't have to mean a big tax bill. This guide breaks down how a 1031 exchange works, the critical deadlines you need to know, and who this strategy makes the most sense for. We also cover how Delaware Statutory Trusts can fit into the picture for investors looking to step back from active property management — while keeping their equity working for them.
Energy Investments and Tax Deductions: What Accredited Investors Should Know
For accredited investors, energy investments offer some of the most powerful — and most overlooked — tax advantages in the U.S. tax code. From Intangible Drilling Cost (IDC) deductions that can offset 65–80% of your investment in the year it's made, to depletion allowances and renewable energy tax credits, the right energy strategy can significantly reduce your tax burden while diversifying your portfolio.
Whether you're a high-income earner in a peak year or a business owner coming off a major liquidity event, energy investments may be the missing piece in your tax planning strategy. At True North Private Investments, we help accredited investors access curated energy opportunities — and work directly with your CPA to make sure every deduction is working as hard as you are.