7 June 2018 | 11 replies
Why not just charge weekly rate, higher dollar figure at end of year..
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21 June 2012 | 8 replies
I keep the really good cash flow properties.Plus, depending upon your tax bracket, long term capital gains can be your friend.I do have a tendency to be really cheap-Steven the Tax GuyYour guide to IRS laws, rules and regulations.
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1 January 2013 | 8 replies
See checksheet and log at end of chapter.The taxpayer works 500 hours or more during the year in the activity.The taxpayer does substantially all the work in the activity.The taxpayer works more than 100 hours in the activity during the year and no one else works more than the taxpayer.The activity is a significant participation activity (SPA), and the sum of SPAs in which the taxpayer works 100-500 hours exceeds 500 hours for the year.The taxpayer materially participated in the activity in any 5 of the prior 10 years.The activity is a personal service activity and the taxpayer materially participated in that activity in any 3 prior years.Based on all of the facts and circumstances, the taxpayer participates in the activity on a regular, continuous, and substantial basis during such year.
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30 October 2015 | 0 replies
Currently on 3rd year. 3 year option to extend at end of the lease.
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1 December 2016 | 20 replies
Thank you Chris Tao and Jason Grote I really appreciate the advice!
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2 March 2016 | 15 replies
.$238k value - will sell for $210k$1800 local rents - currently rented through mid summer at $1100/monthHe's in no rush to sell, maybe wanting to coordinate with the renters moving out at end of July, so I've got time to figure out what I want to do here.
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12 July 2019 | 1 reply
The people I’ve met who have financial woes and don’t manage money well, have a tendency to resent those who DO know how to manage their finances.
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19 June 2020 | 6 replies
@Tariq B.There is big truth to that and insurance doesn't cover something that is just at end of life.
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20 October 2020 | 3 replies
I have a tendency to jump the gun sometimes so I want to take it slow(ish) and not jump the gun in what I say.
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27 July 2018 | 2 replies
Even if you have made other arrangements, you should keep this letter with your important documents for future reference, since things in life have a tendency to change unexpectedly.