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I have a client that bought a piece of property in 2023, had to put in a well and septic system and then put a prefab house on it all with the intention of rent...
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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...
