Rinse the rice under cold water until the water runs clear, then drain well.
In a medium saucepan, bring the chicken broth to a boil over medium-high heat. Stir in the rice, reduce the heat to low, and cover. Simmer for 12–15 minutes, until the liquid is absorbed and the rice is tender.
Remove from heat and let sit, covered, for 5 minutes. Fluff with a fork, then stir in the oil, salt and pepper. Serve warm or store in an airtight container for up to one week.
Prepare the Toppings
In a skillet over medium heat, cook ground beef until browned, breaking it apart with a spatula as it cooks. Drain the excess grease from the browned beef.
Sprinkle taco seasoning over the cooked beef. Stir in tomato paste until well combined.
Pour water or broth into the skillet. Stir to incorporate, allowing the mixture to simmer for 2-3 minutes until the liquid is absorbed and flavors meld.
Once the taco meat is heated through and seasoned, remove from heat.
Prepare 4 bowls with about ½ cup rice each. Spoon beef over the rice. Garnish with avocado, cilantro, pico de gallo/salsa, shredded cheese, red onions as desired!
Notes
Store the rice and taco meat separately to maintain their texture and freshness.
Rice: Let the rice cool completely before transferring it to an airtight container. Store in the refrigerator for up to 5 days or freeze for up to 3 months. Reheat in the microwave with a splash of water or broth, or warm on the stovetop over low heat.
Taco Meat: Allow the beef to cool before placing it in a separate airtight container. Refrigerate for up to 4 days or freeze for up to 3 months. Reheat in a skillet over medium heat or in the microwave, adding a splash of water or broth if needed.