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Investors & landlords
Hey Thomas, the for the reply. I get that first screen, but follow up screens dont give me a sales price option. It's a logic tree so fairly quickly I could be off on a wrong path. I'll attach my successive screens....
Am I wrong in assuming, that, given my being in the 20% tax bracket for 2023, I should see a roughly $1.5-2k in tax reduction when adding roof, as this roof was a business expense for the sale of the house? Whatever I do, nothing reduces my tax amount; with or without roof asset reporting, my tax amount stays roughly the same. I am clearly missing something.
‎February 22, 2024
2:01 PM