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Married doctors can write off all their income
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Date: September 21st, 2024 5:15 PM Author: ,.,,,. Get a wife real estate license. Buy property at 0 cash flow but use depreciation for qriteoffs. If u get several mortgages u can write off most of your top bracket w2 income. So a housewife can pay for herself without even doing any work in real estate, only needs a license. (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117618) |
Date: September 21st, 2024 5:51 PM Author: ,.,,,. If I buy a rental property now and cannot write off depreciation now, but a year later I get me a whore wife "re professional" I can then recapture all the writeoffs? (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117740) |
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Date: September 21st, 2024 5:52 PM Author: Meaty Penis They just write it off, Jerry (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117743) |
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Date: September 21st, 2024 7:05 PM Author: baked sink burger (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117917) |
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Date: September 21st, 2024 6:08 PM Author: ,.,,,. https://semiretiredmd.com/positive-cashflow-loss-on-tax-returns/
Basically if wife is real estate housewife and u take out multiple mortgages for cash flow 0 properties u can pay 0 taxes on all your w2 and 1099 work. That's especially important if do 1099 work for california with its extra 12% tax. |
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Date: September 21st, 2024 6:27 PM Author: ,.,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,. enjoy getting IRC Section 469-pwned, FAGGOT, lol. can't believe people here are unfamiliar with passive-activity loss rules (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117838) |
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Date: September 21st, 2024 6:27 PM Author: but at what cost (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117840) |
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Date: September 21st, 2024 6:37 PM Author: ,.,,,. Dumb fuck if wife is real estate professional and file joint return her active loss applies to my active income.
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Date: September 21st, 2024 6:39 PM Author: ,.,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,. "So a housewife can pay for herself **************without even doing any work in real estate************,"
(emphasis added since you're apparently retarded) |
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Date: September 21st, 2024 6:45 PM Author: ,.,,,. You're a dumb fuck. U don't get that house wife with re license can easily claim 700hours of re work if she takes the car to go shopping. (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117884) |
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Date: September 21st, 2024 6:50 PM Author: ,.,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,. lol bro enjoy dealing with the examinations dept at the IRS and trying to give them this explanation (and you WILL get flagged if you try to wipe out your income in the way you are suggesting. the IRS computers LOVE flagging professional faggots with suspiciously high deductions relative to their income. yes, computers do the flagging, according to secret formulas.) (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117891) |
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Date: September 21st, 2024 6:55 PM Author: ,.,,,. Who cares if u get audited if this is actually a legit use of active re deduction. The point is to take out multiple properties mortgages so if cash flow 0, depreciation for all of them ads up to a sizeable portion of my income just under 1mil. If she makes 20k selling houses or isn't that successful has very little to do with property deductions. (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117901) |
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Date: September 21st, 2024 7:04 PM Author: ,.,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,. listen brother, if you're talking about running a *legitimate* real estate business, being able to appropriately account for time if audited and satisfy material participation requirements for being able to be considered a real estate pro, making a 469(c)(7)(A) election, etc, then okay. that is a bit different than where you started off, though, where you were talking about wife not having to do any work (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117916) |
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Date: September 21st, 2024 7:17 PM Author: ,.,,,. I told u if wife makes 20k as a re agent and doesn't work anywhere else that's legit. That means she can sell houses if someone from local commu ity asks her but 99% of her job is housewife. Irs can audit as much as it wants that purchase of Gwagon. The main thing is being able to invest in re that's cash flow neutral, in that case taking on maximum mortgage makes financial sense. I wouldn't sell any re until my active income is 0. (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117930) |
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Date: September 21st, 2024 6:41 PM Author: .,.,.;;,;.,..,:,,:,;.,:::,..;.,:,.,..:.,,.:.,:.::, this is most likely horrible flame but if not you are extraordinarily retarded.
in fact that is the case regardless of whether it is flame. |
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Date: September 21st, 2024 6:50 PM Author: ,.,,,,....,,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,.,,.,.,. must be retarded flame (http://www.autoadmit.com/thread.php?thread_id=5599299&forum_id=2/en-en/#48117892) |