
29 October 2024 | 11 replies
We will be showing material participation so that we can deduct from our W2 employment.

25 October 2024 | 11 replies
I will not be using an LLC and so will pay landlord insurance and be able to make deductions directly from my personal income.

28 October 2024 | 8 replies
This cost was already deducted, leaving available funds at the aforementioned 160k after the build.

27 October 2024 | 8 replies
In the past I just give them a 10% deduction in rent for one year until things can improve.

30 October 2024 | 236 replies
I deduct 30% and arrive at 315K.

28 October 2024 | 10 replies
Everything else can be deducted from the cash at closing.

25 October 2024 | 4 replies
Or is there any other way to acquire financing that would be a better option to do deductions and write offs.

24 October 2024 | 12 replies
It would also give you more control and flexibility in how you manage your properties while ensuring you can take full advantage of tax deductions available to businesses.

24 October 2024 | 9 replies
The PMI should be tax deductible (talk to your CPA, i am not giving tax advice), and your rate is hopefully in the low 3s.

28 October 2024 | 12 replies
You can still deduct expenses and claim depreciation without the LLC.