Only way around that I know of is to have the LLC taxed as a SubS, but then you still have to pay yourself a "reasonable" salary, still paying both sides of SS/Med (but the employer side is deductible).  

It is a tax deduction too.

Whatever the closing statement says, you should have an expense account or a deduction so that your data matches the closing statement.Nancy Neville

And that's before we even look at the mortgage interest deduction and depreciation!

Deduct business expenses and maybe in the 40's and then pay uncle Sam his annual taxes.

The same applies with exit costs; with no taxes or levies, your net profit is not reduced by the act of selling.I would love to commence a discussion involving people who have invested in markets with high entry and exit costs (US/Australia) and also in  markets with low costs.

The commission is considered a selling expense and is deducted from the sales price when computing the gain or loss on the sale.

I also want to make sure I have all my deductions and breaks accounted for.

I don't see the point for a cable TV/Internet provider to run cable on a rooftop, but maybe I'm wrong...Also, can this cost be deducted from my tenant's security deposit as part of the moving out policy (ie.

While rehabbing a property prior to putting it on the rental market, are holding costs added to the basis as a capital improvement or treated as deductible expenses?