mikenandria
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Hey Carl, thank you so much for your time, in answering my questions. I hope that you have a blessed week!
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Thank you Carl very much for all the information! I understand what you are telling me, that I can't deduct minor type repairs before renting, but it seems like...
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Carl, thanks for your help. I understand what you are saying.
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Vanessa, thanks for your answer. Can you please elaborate on allocating a portion of the sales price of the home to these assets? How would that work?
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Patricia, thanks for your answer. I think that you are saying that all the expenses before renting should be capitalized, and that yes, I can break some of them...
Activity Feed for mikenandria
- Posted Re: Expenses before renting on Investors & landlords. February 28, 2022 3:33 PM
- Posted Re: Expenses before renting on Investors & landlords. February 27, 2022 5:44 PM
- Posted Re: Sale of primary home partially rented on Investors & landlords. February 26, 2022 8:47 AM
- Posted Re: Sale of primary home partially rented on Investors & landlords. February 26, 2022 8:45 AM
- Posted Re: Expenses before renting on Investors & landlords. February 26, 2022 8:41 AM
- Posted Sale of primary home partially rented on Investors & landlords. February 24, 2022 7:31 AM
- Posted Expenses before renting on Investors & landlords. February 24, 2022 7:27 AM
- Posted Where can I find a receipt for State Business Tax software downloaded from Intuit? on Get your taxes done using TurboTax. February 8, 2020 12:50 PM
- Posted Thanks for the clarification....have a blessed day! on Get your taxes done using TurboTax. June 3, 2019 5:24 PM
- Posted I don't think Basic would address state version for LLC,... on Get your taxes done using TurboTax. June 3, 2019 5:24 PM
- Posted I used Business edition for my LLC, but now need to do state (GA) and personal tax return. I would like to purchase a CD - what is the most cost effective choice? on Get your taxes done using TurboTax. June 3, 2019 5:24 PM