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Saturday, June 1, 2013. So you want to be a landlord? If I knew then what I know now. Many novice landlords believe that their entire mortgage payment for the rental property is tax deductible, that is not so, only the interest part of the payment is deductible as an expense. The remaining principle payment goes to reduce your outstanding debt on the property thus increasing your overall equity or wealth in the property. Mortgage Int. 6000. Real Estate Tax 600. Mortgage Int. 6000. Real Estate Tax 600.

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Saturday, June 1, 2013. So you want to be a landlord? If I knew then what I know now. Many novice landlords believe that their entire mortgage payment for the rental property is tax deductible, that is not so, only the interest part of the payment is deductible as an expense. The remaining principle payment goes to reduce your outstanding debt on the property thus increasing your overall equity or wealth in the property. Mortgage Int. 6000. Real Estate Tax 600. Mortgage Int. 6000. Real Estate Tax 600.

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2 impact of depreciation

3 annual

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6 wealth builder

7 no comments

8 individuals

9 businesses

10 got tax questions

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Ask Chris | askchriswilson.blogspot.com Reviews

https://askchriswilson.blogspot.com

Saturday, June 1, 2013. So you want to be a landlord? If I knew then what I know now. Many novice landlords believe that their entire mortgage payment for the rental property is tax deductible, that is not so, only the interest part of the payment is deductible as an expense. The remaining principle payment goes to reduce your outstanding debt on the property thus increasing your overall equity or wealth in the property. Mortgage Int. 6000. Real Estate Tax 600. Mortgage Int. 6000. Real Estate Tax 600.

INTERNAL PAGES

askchriswilson.blogspot.com

1

Ask Chris: Summer Jobs and Tax Withholdings

http://askchriswilson.blogspot.com/2009/06/summer-jobs-and-tax-withholdings.html

Sunday, June 28, 2009. Summer Jobs and Tax Withholdings. Question: My daughter is home from college and is planning to work a couple of summer jobs. Should she fill out her tax documents for tax withholdings or choose exempt? However, there is at least one reason for her to consider filing the return (You knew I would find one, right! Email Chris at Chwilson@hrblock.com. Subscribe to: Post Comments (Atom). View my complete profile.

2

Ask Chris: So you want to be a landlord?

http://askchriswilson.blogspot.com/2013/06/so-you-want-to-be-landlord.html

Saturday, June 1, 2013. So you want to be a landlord? If I knew then what I know now. Many novice landlords believe that their entire mortgage payment for the rental property is tax deductible, that is not so, only the interest part of the payment is deductible as an expense. The remaining principle payment goes to reduce your outstanding debt on the property thus increasing your overall equity or wealth in the property. Mortgage Int. 6000. Real Estate Tax 600. Mortgage Int. 6000. Real Estate Tax 600.

3

Ask Chris: Stock Options and Tax Issues

http://askchriswilson.blogspot.com/2009/06/stock-options-and-tax-issues.html

Sunday, June 21, 2009. Stock Options and Tax Issues. If you are one of the fortunate few who sold stock options in the last couple of years, let me be the first to congratulate you on getting out before the stock market decline! Recently a client came in with her tax letter from the IRS seeking another $2000.00 over and above what was already paid on the stock options. Upon reviewing the clients' return, we discovered they had paid the taxes not once but twice! Contact me at chwilson@hrblock.com.

4

Ask Chris: Using your personal car for business: What's tax deductible

http://askchriswilson.blogspot.com/2009/07/using-your-personal-car-for-business.html

Tuesday, July 7, 2009. Using your personal car for business: What's tax deductible. Q: I just purchased a car which I will use for business and personal. What can I write off toward business expenses (car payment, gas, insurance, repairs etc)? If I am using equally can I write 1/2 of all expenses off toward business. A taxpayer may choose to use the standard mileage rate to figure the deductible costs of operating a car for business purposes. The standard mileage rates for business miles are:. If the tax...

5

Ask Chris: The Healthcare Debate: What is likely to happen?

http://askchriswilson.blogspot.com/2009/08/healthcare-debate-what-is-likely-to.html

Sunday, August 2, 2009. The Healthcare Debate: What is likely to happen? Health Care Reform Likely – but not soon. As you’ve likely heard, both the House and Senate are working on major legislation to reform health care affordability and availability in America. It now looks like it will be September (at the earliest) before either chamber even introduces a bill, let alone voting on one. Some of the possible tax provisions include:. A additional tax on higher-income individuals. A penalty for employers w...

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Ask Chris

Saturday, June 1, 2013. So you want to be a landlord? If I knew then what I know now. Many novice landlords believe that their entire mortgage payment for the rental property is tax deductible, that is not so, only the interest part of the payment is deductible as an expense. The remaining principle payment goes to reduce your outstanding debt on the property thus increasing your overall equity or wealth in the property. Mortgage Int. 6000. Real Estate Tax 600. Mortgage Int. 6000. Real Estate Tax 600.

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