All Forum Posts by: Charlie Moore

@Dennis Maynard

No sir 😥🙁

@Mark Gauger

Not tax fraud. Yes I report all my income from rental property

No I don’t fear the irs, because there isn’t a reason to

And yes, I just wanted to learn about depreciation

@Jason D.

I am just confused on the concept of

If I don’t claim it, I get taxed lol

If I do claim it, I still get taxed

So what is the PRO of claiming it

@Joe Splitrock

Your reply really doesn’t make sense

I bought the home for 20k... my land value, the county said is 10k

So now I take 10k divided by 27.5? Lol

@Joe Splitrock

I have ZERO knowledge RENTAL of tax law, except from GOOGLE

This is why I use BIGGERPOCKETS

@Anthony Wick

How will I owe taxes?

All property taxes are up to date? How would they smoke me on invisible taxes when I sell?

@Jason D.

I don’t have to do this correct

@Jason D.

Never ever heard of paying a depreciation tax when selling a home...

Hmm. I need to look it up I gusss

@Jason D.

I’m sorry

My rental homes

2 of them to lower taxes

- Any advice?