Robert Blade
Home office tax deduction .
Hello, I own rental property but do not have the properties in a business name. Can I claim I have a home office expense on my taxes because I do use part of my home as an office?
Bo Goebel
Tax Deductions in Syndications
If you buy into a large syndication, are you offered all applicable tax deductions in a prorated way? E.g. you invest $10,000 into an apartment complex that cost 5 mil. You have 1% equity on the property. Are you goin...
Louis Zameryka
STR Tax Deduction Checklist??
I recently purchased my first STR (3bed condo in Orlando)When it comes to be tax time what can I claim as deductions etc?Anyone have a simple checklist of receipts is should be saving for my accountant?Thanks
Shane Moss
Meal Tax Deduction Clarification
I'm trying to make sense of what I'm reading about deducting meals. It looks like I have to be on a business trip in order to take the deduction. Is that right? Here's my scenario:
I'm getting ready to take posses...
Ayo Odusanya
Viable Tax deduction Scenario?
Good morning all, My first post, so apologies if i do not follow the appropriate etiquette. MY wife and I have a bit of a complex situation that we need advice on. Details below:Main goal: Reduce our W2 Taxes.
Curre...
Julia Amelyan
Section 179 tax deduction
Hi, I'm interested in finding out more about Section 179 deduction for purchased cars or investment properties. Is there a CPA in the milwaukee area that could help me with more information? I have investment properti...
Henry Li
Real Estate TAX Deduction
With the new tax law, our primary residence mortgage interest doesn't have tax advantage anymore to my understanding. I however own other investment properties , and there is one that is actually paid off. Would it ma...
Chris K.
Tax DEDUCTIONS STR PROPERTY ?
Hello! Regular monthly maintenance on an STR property can be deducted from taxable income? EG. Lawn / garden care, pool care etc?Thank you
Jason Phillips
office for tax deduction
hey yall ill try to make this short. I have rental business , a 9 To 5 , and a freelance daycare cleaning job . At my house i own a separate building once used as a business by previous owners. Im using it as a 840 s...
Brandon Shaw
Attorney fee tax deductions
Hello all,
Because I'm a new buyer and located out of state from my property, I used a Power of Attorney (POA) with my lawyer to sign and review all my documents in WA State for me. I have to use him for purchasing ...