OfflineI saw this on the news this morning. This doesn't take effect until 2013 tax season. Tammy
http://money.cnn.com/2013/01/15/pf/taxes/home-office-tax-deduction/index...
__________________
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
Thanks for sharing Tammy,
I think that a $1,500 tax deduction for a home office will be plenty for many investors! Wish it was taking place for 2012!
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
Yes, I agree we'd be happy with that amount and I also wish it started this year! I have made a note of it, however! How is everything with you?
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
Thank you very much for the information since this is my first post and caught my eye. I am very thankful. I have already given my accountant my info. for last year wish me luck for this year.
Elizabeth Penn
Live Life to the Fullest
congrats for joining this site and posting your first post!
There are so many great resources on this site to help you along the way... and many knowledgeable investors who are willing to share their knowledge!
wishing you great success on your rei journey,
Valerie
“And will you succeed? Yes indeed, yes indeed! Ninety-eight and three-quarters percent guaranteed!” ― Dr. Seuss
"I believe in angels, the kind that heaven sends; I am surrounded by angels, but I call them friends" - Unknown
My journal: http://www.deangraziosi.com/real-estate-forums/investing-journals/59110/...
Looks like you are jumping right in; best wishes!! Tammy
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.