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20 April 2024 | 7 replies
Thinking about using it for my wholesaling business going forward.
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20 April 2024 | 3 replies
I have found that locally, this is where you can see other homeowners who needed the same thing done and often times they have someone who isn't big on the internet or on a list, but is reliable and cost-efficient and they appreciate the business.
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18 April 2024 | 4 replies
This deduction can offset the income generated by the property, potentially reducing it to a tax-neutral position.For those with full-time jobs, the challenge lies in the IRS designation of "real estate professional," which has specific hour requirements that must be met to take full advantage of these deductions against ordinary income.
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20 April 2024 | 4 replies
But now she's out of business.
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16 April 2024 | 3 replies
Generally, you can deduct travel expenses directly related to your rental property business.
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18 April 2024 | 27 replies
@Jarrett FogelmanFrom someone who works directly with solar companies and designs/installs mechanical systems.
19 April 2024 | 10 replies
Schedule E typically caters to rental income and certain types of passive income, while Schedule C is tailored for reporting profits and losses from a business or self-employment.
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18 April 2024 | 36 replies
Different designs appeal to different people.
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18 April 2024 | 33 replies
if the private sector operated this way, they'd be out of business really fast.I'd just rent it out; you did what you had to do.
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19 April 2024 | 2 replies
Anderson Business Advisors claim that this is a solid plan, but I've had a WY attorney also say the statutory trust will not transfer well to our CA properties.