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Updated about 2 years ago,
Tax accountant / tax advisor questions
Hi,
I am in the Saint Louis, Missouri area. I currently own my first 4 family where I owner occupy and have fixed it up over the past year. I am looking to buy my next property very soon! I have only owned this a year but want to keep growing my portfolio.
I have read a few books on taxes in the rich dad poor dad series and have some basic knowledge around the tax benefits and breaks. However, with my current 9-5 job and rent addition I am getting towards some of the limits for what I can deduct and some other financial limits based on my year. I would not like to have to pay a penalty for doing things incorrectly. ANY IDEAS?