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building age in quebec
24 July 2020 | 1 reply
The $500-$1K consult price tag is tax deductible and well worth the education.
Jeremy Hair
Seller Financing - Where to start?
27 July 2020 | 8 replies
That way there's no official mortgage, you retain ownership and tax deductions until they exercise, and it's not a foreclosure if they can't pull it off, it's just a regular eviction still.
Luke Wietgrefe
Drunk Tenant floods his unit and the one below him!
22 July 2020 | 1 reply
Usually (at lease on mine) they cover all tenant relo costs (beyond my deductible of course).
Carmen Pellegrino
Real Estate taxes costs for small LLC
23 July 2020 | 15 replies
An LLC has nothing to do with tax, it doesn't in anyway enhance your ability to deduct expenses if you were told that it was wrong.
Jameson Hedin
Wanting to sell our first rental. How to avoid capital gains tax
23 July 2020 | 13 replies
Is that correct and is that before or after deductions when doing taxes?
Josh Jackson
Financing Properties in an LLC
31 July 2020 | 29 replies
You take the same deduction regardless.
Josh Reighard
Finding out about pet after tenants move out
29 July 2020 | 6 replies
Good luck with whatever you decide to do and most importantly document everything and send them an itemized printout of your deductions.
AJ Pryor
[Advice] Allowed rent deferment due to COVID, tenants moved out
23 July 2020 | 8 replies
And, in that respect, I see several possible options:#1 - Deduct what’s owed from the tenant’s security deposit.
Russ Sage
Tax Accountant & CPA Referral in N.E. Ohio?
23 July 2020 | 3 replies
Plus one that can give advise for maximizing deductions
Sada Rafi
How to handle returning Sec deposit to multi roomate situation
9 August 2020 | 6 replies
You inspect, deduct for damages, return a third to each of the tenants, collect a new deposit from each of the new tenants, and have them sign a new lease for going forward.