17 January 2024 | 7 replies
Are flights, meals, travel expenses deductible in this situation?
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12 January 2022 | 0 replies
Learned on this one the importance of utility bills for landlord vs tenant responsibility, although we have a decent cash flow with 20% Cap-Ex and Maintenance savings we will need to raise rents to a healthier cash flow once the leases expire.
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19 April 2020 | 5 replies
This also includes my LLC origination fee, tax prep fees, meal expenses, etc.To my understanding, the following are NOT deductible under Schedule E income (please correct me if I'm wrong):Business MealsHome Office Deduction (% of mortgage, utilities, etc)Miles driven looking for new properties or meeting agents/clientsCell phone expensesTravel expenses to/from business tripsBank feesCan someone chime in on this topic?
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10 January 2024 | 9 replies
@Tylere Weaver if I had to choose one meal to eat for dinner the rest of my life, it would be tacos.
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4 February 2014 | 186 replies
Some pay way to much for convenience of the deal as is well publicized especially in the day when Californians who could not believe they could buy a whole house for 50k.. this is the same mentality of the Aussies heck their transfer tax in AU is as much as these houses in many cases and they rationalize their purchases accordingly...So for this site I think it provides both sides of the equation and the reader lurker can decided to order off the menu either ala carte or the full meal with white linens and full service
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9 August 2011 | 24 replies
Keep the old car, opt for the cheaper cell phone plan (and don't go over your minutes/data), don't eat out for every meal (good for both your wallet and your health), don't buy expensive clothes, etc.
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23 May 2010 | 3 replies
I'm trying to make sense of what I'm reading about deducting meals.
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27 August 2023 | 3 replies
This fairly simple change in the tax law created some confusion that I want to clear.The basic rules for deducting business meals have not changed.
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29 April 2014 | 27 replies
Frank of or one else ever want to do coffee or a meal, let me know.