Giving money to a political campaign is not a charity, and become an issue of buying influence at some point.And, IMO, giving on your number two and three is not giving back, nor is it a donation as it's clearly done in anticipation of a reward and actually against the law if a deduction is taken (I'll let Charles Perkins address that if he likes of sees this).That reminds me of a time I was in a car dealership buying a new car and there was a minsiter who was talking about a purchase as well.

http://s263.photobucket.com/albums/ii132/bigbadjonv/Rolling%20Hills%20Properties/ I told her I'd probably be able to get $3,000 before repairs being deducted because she just wouldn't quit asking me for an offer when I tried to say I'd prefer you to be able to sell to someone else before me, because I can't pay as much as someone who would live in the home.

What I mean is if the carpets need cleaning, some touch up paint, appliances cleaned then be all means deduct it.Do Not fail to return the security deposit or forget to send the tenant notice as to why you are keeping any part of the security deposit.

I was informed that they'll make sure payment goes out on time, or they'd inform me prior to the date if it will be a few days late (for the reason of final sign off is out of the office OR if I have a pending repair that should be deducted).

(aqt least not the LLC itself)However, as a RE investor with an entity (LLC, S-corp, or other) you can deduct business expenses such as auto, office, travel, depreciation, ammortization, etc and reduce your taxable income, but in divorce court, count on the opposing attorney to argue to add back in any paper losses.Best advice is to settle out of court.

If you deducted their equity in their home from the balance sheet, it rose to 2/3 of the population!

yes i agree...have read some of rich's thoughts on tax deductions...would lvoe, love, love to hear more on that!!

Interest rates will be sub 4% and the interest is deductible.

An investor that sets up a business will have more tax deductions as well and how that business is organized can make a difference.You also might want to check out the chamber of commerce or other networking groups.

The reason is that you are allowed to deduct a lot of items for business purposes that you can't deduct as an individual only.