Kathy’s Recommendations
Monthly Archives: June 2009
That Awesome Deduction That You Do Not Have To Pay Cash For; Yet It Generates Cash Flow In Your Pocket!
Albert Aiello, CPA, MS Taxation, RE Investor I am talking about the most powerful deduction for the real estate investor – Depreciation — which is an annual tax write-off of the cost basis of assets held for rental or business-use, … Continue reading
Write Off Expenditures As Fully Deductible Repairs And Reap Huge Tax Savings In Your Pocket!
Albert Aiello, CPA, MS Taxation, RE Investor There are three major tax-saving benefits of classifying expenditures as repairs rather than capital improvements. One of them is immediate tax savings. For example, the owner of a rental property is in a … Continue reading