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If my client holds a piece of investment property for multiple years how can they deduct the interest and taxes paid during the hold period?
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Someone spends $15000 purchasing material to build a storage shed for their business but does not build until the following year, where do the expenses go?
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"They" refers to the owner of the company. It a single member LLC filing on a Schedule C.
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Trucking company has 9 semi trucks that can not use standard mileage rate because they are considereda qualified non-personal-use vehicle. However they have a p...
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My client owns three separate businesses as a sole proprietor. When he travels between them, where does he take the mileage deduction, for the one he is leaving...