
8 May 2019 | 5 replies
when doing new construction you should deduct 10% for sales costs utls insurance and title insurance..

8 May 2019 | 7 replies
*There are 4 other key tax advantages that you're missing:Medicare (1.45%) and Social Security (6.2%) taxes are not levied on rental income.

8 May 2019 | 2 replies
If it was me I would then deduct the amount to bring it uo to rent condition.

27 May 2019 | 7 replies
The interest generated by the $300K mortgage is tax-deductible as per CRA Income Tax Act S. 20(1)(c), this in turns converts property "Q" into a tax-deductible asset.

2 July 2019 | 7 replies
Generally, you do get state tax deduction if all the criteria set by state is met.

13 May 2019 | 106 replies
Deduct the $200.

29 May 2019 | 6 replies
@Derek McGillicuddyThe trips between the property and HD - yes.What @Kelly DeWinter was referring to is that you may not be able to deduct mileage from home to HD or from home to the property, unless your home is your main business office - and for most investors it is.

31 May 2019 | 28 replies
I'm not quite sure about the deductions that can be made..So I am wondering how to find out which states have the lowest tax rates, thinking that those states would be good to start in.

18 May 2019 | 8 replies
Sure, I didn't like the fees at first, but when I immediately started deducted this expense in my offers.

14 May 2019 | 41 replies
Finally, among other remedies, a T has a process to repair and deduct.