Meghan McCallum
Investing and Marriage: Plan the work, Work the plan
25 April 2017 | 5 replies
Most cherished is the time we spend together, even if it's just watching reruns of "Frasier" or cooking a meal together.This morning, I woke up with a lyric in my head which came to me in a dream.
Justin Luedeke
Can I pay for Investment Club fees with SDIRA
12 June 2017 | 6 replies
It is out of state so you incur expenses: flight, car rental, lodging, meals, etc.
Jack Harris
Property Management Software
14 August 2017 | 23 replies
My accountant advised two most audited items are meals/entertainment & mileage expense.
Nichole Stohler
Journey to $5M with Multi-Units: FAQ
23 July 2017 | 37 replies
What are the costs involved between airfare, hotel and meals?
Michael Goodman
What does a lunch with a mentor look like?
12 June 2017 | 14 replies
Let it evolve into talking business (then you can BOTH take a 50% deduction for your meal!).
Bryan Eccleston
School District looking for a house
1 June 2017 | 4 replies
How to cook a meal, clean the dishes, make the bed, how to keep the house clean, some basic maintenance around the house like mowing the lawn, and mock scenarios such as how to invite friends/family over and what would be expected ways to socialize.
Caleb Heimsoth
Does it matter where your cpa is located ?
30 May 2017 | 12 replies
All I would be looking to deduct is the vehicle mileage and meals while traveling.
Kin Lay
Question about business meals for real estate?
30 May 2017 | 0 replies
I would spend 6 hours per weekday (75%) of the trip to meet real estate agent and check out houses there.According to this tax planning strategy, I believe I will have rental loss (if I did bought the house and hire a property manager to manage that place) because I think the cost of airfare and hotel (land exploration expense), utilities (USA internet for research), and meals will be greater than the profit from the rental real estate investment that I bought.
Paul Allen
$271,779 in Passive Losses Disallowed by Tax Court
1 June 2017 | 2 replies
This is a great lesson in both following the rules and keeping documentation.When it comes to verifying your hours for qualifying for a real estate professional, or verifying your mileage logs or verifying the use of your home office or verifying the business need for meals and entertainment, the rules state that a contemporaneous log must be kept and made available for review.I have lots of clients that estimate mileage, throw away receipts, etc.
Lidia Syrwid
I need help/advise with unreasonable neighbor in Chicago
18 November 2016 | 17 replies
If it's interesting dishes, then you could maybe make an offer to the owner for you buying a 'gift card' for monthly dinner for two for a year - that's 24 meals and add that the buyer will get 1 year of monthly dinner.