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11 February 2025 | 1 reply
I am a big fan of the Herringbone backsplash - looks super cool.It now comes standard in our homes.
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5 February 2025 | 4 replies
@Drake BackmanBigger Pockets is a great place to find a tax strategist specializing in real estate taxation.A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding a tax strategist specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year.
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22 January 2025 | 10 replies
These tax deductions do not require you to become a real estate professional.
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28 January 2025 | 20 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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4 February 2025 | 3 replies
Also setting standards amungst your trades.
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23 January 2025 | 31 replies
Thankfully, you'll be able to get deductions based on the bilateral treaty for the avoidance of double taxation but that means that you'll always pay the maximum of the tax rates between the two countries for each category and some items might not be deductible.4.
10 February 2025 | 8 replies
Rents, yes 100% I do adjust billing and it is above standard tenancy rates because they are doing it for business revenue.
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12 February 2025 | 0 replies
I am planning to cancel this lease due to the late payments etc, my question is since they are on a month-to-month can I just provide the standard 30 day notice or since they have been at the property for many years or is a longer notice period required such as 120 days etc?
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6 February 2025 | 0 replies
https://www.smartcoinbox.com/category-s/112.htmThey have a wifi unit you are able to plug in a standard washing and dryer into the box and the tenants pay through an app.Thanks for any advice.Nathan
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27 January 2025 | 9 replies
You still claim the income as miscellaneous income and deduct property taxes and mortgage interest (subject to SALT and other high mortgage limitations) on your Schedule A, but that's it.2.