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Results (10,000+)
Eric H. Deducting Umbrella Policy
6 October 2018 | 2 replies
I did some research and couldn't find anything I think because the deduction is immaterial IRS has not looked into it, YET. 
Bernie Huckestein 80 Unit Multifamily partnership and SDIRA
10 October 2018 | 12 replies
IRS rules are very clear: you are not allowed to provide any services to your IRA nor receive any personal benefit from the IRA.
Account Closed Ideas for Ugly Fireplace
27 December 2021 | 6 replies
Price one...got to be cheaper than installing one in the wall and it can be moved ir removed by the new owners.
Taylor Hudgins Best Local Banks/Hard Money Lenders VA Beach & Norfolk
28 November 2018 | 7 replies
I am a strong believer in House Hopping and House Hacking if you can. 
Erik Cota-Robles Depreciation on reconversion to rental
7 October 2018 | 11 replies
@Eamonn McElroy, i apologize, i am not arguing with you, i ask my own Accountant a million questions some times, sometimes he is happy i do and sometimes i think he wants to kill me.If the use of the asset is changed ( sold or use change, as in this case) , i believe either way the IRS looks at as disposed of:1) wouldn't the depreciation recapture tax be due at the change of use?
VICTORIA LEONE Is Renovation Travel Deductible?
10 October 2018 | 6 replies
Per the IRS: "Use Schedule C (Form 1040) to report income or (loss) from a business you operated or a profession you practiced as a sole proprietor.
Scott Palmer Accounting & Taxes - Anyone using Quickbooks or other online?
18 October 2018 | 7 replies
For depreciation I would suggest studying the IRS guides or consulting a CPA for the calculations.
Gabriel Garcia Taxation on income from rental propreties
10 October 2018 | 5 replies
IRS doesn't care about loans (with rare exemptions) The only difference between the two is you get to deduct the interest on the loan from your tax return vs buying cash you don't.If you buy cash, of course, you don't have to pay a loan or pay interest, but this has nothing to do with taxes.
Ashley Wolfe That sick feeling when you're just about to begin
16 October 2018 | 29 replies
@Ashley Wolfe hop on the phone with me for an hour I’ll teach you everything you need to know.
Ronald Markus LLC legal name problems
9 October 2018 | 3 replies
Many LLCs don't use a comma; and in fact, the IRS omits most/all punctuation when it assigns your EIN.