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12 January 2023 | 1 reply
Perhaps most notably is the inflation rate and diminishing buying power of the almighty American Dollar.
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5 July 2018 | 5 replies
There are many CPAs here (including myself) that work with clients across the country, so you're likely to find one that's a great fit.I will mention that flipping homes are taxed at ordinary income rates rather than capital gains and are also subjected to the self employment tax.
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27 December 2021 | 16 replies
American community survey (which is run by the census)
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12 January 2022 | 1 reply
Looking at buying a duplex, (second property) and writing off the depreciation on the propertyAs this would result in a loss for the year, I want to see if I can deduct it against my w2 ordinary income. https://www.biggerpockets.com/...This article is helpful, but I can't find anywhere where it talks about what is included in a "Real Estate Professional."
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13 January 2022 | 5 replies
Looking at buying a duplex, (second property) and writing off the depreciation on the propertyAs this would result in a loss for the year, I want to see if I can deduct it against my w2 ordinary income. https://www.biggerpockets.com/...This article is helpful, but I can't find anywhere where it talks about what is included in a "Real Estate Professional."
26 June 2016 | 8 replies
There is one additional tax to be levied against high cost health plans in 2018, but other than that, what you see now is what you get.I am unaware of any aspect of the ACA that penalizes individual practices in any manner, so would be very interested to understand how you arrived at this conclusion.That said, as segments of the American population continues to age, medical offices are very likely to be a decent investment providing there is not already oversaturation of the local market.
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10 April 2018 | 62 replies
Your gain will still be taxed as ordinary income at your marginal rate.
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19 August 2018 | 30 replies
I'm assuming you're a W-2 employee, so look for ways to add long term capital gains, appreciation, etc, and avoid ordinary income that will be taxed at your W-2 rate.
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17 January 2023 | 0 replies
Just remember to always consult with an attorney before finalizing any legal documents that are out of the ordinary course of business!
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12 February 2008 | 14 replies
Moreover, now that government regulation and the unions have priced Americans out of the world market, any increase in the American auto industry may provide more jobs outside the US than in Detroit.