
2 October 2024 | 9 replies
Once the study is complete, working with a real estate tax accountant will help you figure out the best way to use that information and ensure you’re maximizing your deductions in a way that fits your overall situation.

1 October 2024 | 12 replies
In my state by not providing the accounting of deductions from the security deposit within 30 days after he left you could be liable to them for 3x the deposit meaning that if their deposit is $1k, now you owe them $3k for your mishandling of the deposit when the male left.

2 October 2024 | 12 replies
Does anyone have strong views on whether on rental properties ALL the interest from a cash-out refinance can be tax deductible (even if the cash is invested to buy or fix up another property), orOnly up to the original loan amount, orSomething else.Currently assuming 1) but not at all certain...

30 September 2024 | 8 replies
Absent that, the big differences will be which forms you report the income, your ability to deduct business expenses against the income, and applicability of self-employment taxes.

1 October 2024 | 10 replies
(Doing this correctly, you’ll be able to get a deep tax deduction)

2 October 2024 | 24 replies
Big chunk of your life insurance premium goes to pay insurance salesman commissions so you have negative return from day one.Pay less taxes: contributions to an IRA are tax-deductible so it will help you pay less in taxes.

30 September 2024 | 10 replies
Purchasing allows you to save on future rental costs and depreciate the asset or use Section 179 for a full deduction.

25 September 2024 | 9 replies
I was wondering, are any of those travel expenses tax deductible?

30 September 2024 | 7 replies
If you are going conventional, they will need 2 years of tax returns, no way around it.We will use your "net income" after all deductions for 2022+2023 and divide over 24 months.

28 September 2024 | 9 replies
If you hire a contractor , you deduct what the contractor charges .