Be in the know before filing your tax forms to avoid big surprises and losses. For fun and educational answers to your tax questions, Toby Mathis and Jeff Webb of Anderson Advisors are willing, able, and ready to help. Do you have a tax question? Submit it to taxtuesday@andersonadvisors.
- How can I take full advantage of excess depreciation on passive real estate investments? Cost segregation, MACRS, and bonus depreciation through TCJA
- What is the best way to set up an Airbnb business that is a solely-owned, single-family house? If average guest’s stay is 7 days or less, pay self-employment tax and take depreciation
- If I sell my personal residence, what’s the best way to use the funds from the sale for a residential assisted living (RAL) startup? Create LLC, obtain inside/outside liability insurance, borrow money, and deduct costs
- I traveled via RV across and outside the country and needed WiFi to conduct business. Can any part of the travel expense be deducted? If travel is more than 50% for leisure, you can’t write off business expenses; otherwise, write off RV, WiFi, mileage, other costs
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Pre-order Book Deal: Tax-Wise Business Ownership
Tax Cuts and Jobs Act (TCJA)
Cost Segregation Tax Breaks!
Modified Accelerated Cost Recovery System (MACRS)
Real Estate Professional Requirements
Passive Activity Losses - Section 469
Unrelated Business Income Tax (UBIT)
Health Savings Account (HSA)
Types of Trusts
Capital Gains Exclusion/Section 121
Real Estate Investment Trust (REIT)
Home Office Deduction
Opportunity Zones FAQ
Opportunity Zone Heat Map
Section 280A Deduction
Save A Vet With A Pet – 1 Veteran Foundation
Anderson Advisors Tax and Asset Protection Event
Tax-Wise 2019 3-in-1 Offer/2fer Tuesday Bulletproof
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