i am working on my taxes And this is the first year I will get to claim rental expenses. So I am just wondering what items you all are able to claim
I was just wondering if there was anything planned for after Christmas or around the new year? I found the date for the one in December the same night it took place, and there was no way I would have made it. I would ...
Business Travel Basics
A business trip is an opportunity to do productive business while earning substantial deductions. But it's important to know the rules and limitations of deductions for business trips; i.e. w...
Transportation expenses include the cost of getting to and from your destination. Transportation costs relative to a business trip are deductible whether or not you stay overnight. Other expenses incurred during the c...
I have an absentee list of owners that are 4 hours away from me. I plan to send them letters about their property, but I'm concerned that I am 4 hours away minimum from them. So I can't see the properties right awa...
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...
I own an office building with parking spaces reserved only for tenants and their customers during business hours. In the last month or so, as I drove by the property at night and during the week end, I noticed that so...
I am closing on a property in a few weeks and would like to take a trip to Colombia in South America that will overlap with closing. Is there a mobile notary in foreign countries that can ship the signed documents int...
My real estate investing has been largely passive and out of town investments, consisting of single family properties operated by property manager or I'm a limited partner in a syndicated investment controlled by the ...
first year experiencing this problem, pool pump will run for about 3 hours at most than will trip the afci gfci 20a breaker. If I reset breaker it trips instantly. If I unplug the pool pump and reset breaker it still...