On Episode 1, we get into 7 US Tax Court cases from 2024 with some solid lessons learned: Parkway Gravel v. Commissioner - 3:07 - real estate options, C-Corps, partnership, related parties Schnackel v. Commissioner - 16:09 - cheating husband, disallowed business deductions for cheater Foradis (Warren) v. Commissioner - 28:15 - Real Estate Pro status blown up Maggard v. Commissioner - 37:02 - S-Corp income allocation, embezzlement, Operating Agreement rant Schwarz v. Commissioner - 49:09 - bad accounting, conglomerate of activities, losses disallowed as hobby Huffman v. Commissioner - 1:01:17 - stock options subject to gift tax, personal goodwill as C-Corp play Strom v. Commissioner - 1:12:06 - dot com bubble crash, $100MM W2, sham tax structuring