How do I set up an investment property for tax purposes?

How do I set up an investment property for tax purposes?
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1 Answer

Answer :

Schedule C, and consult a lawyer or accountant who specializes in taxes so that you don’t screw it up.
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10. “Crowding out” means that a. a government budget deficit lowers interest rates and causes investment spending to rise b. an increase in marginal tax rates lowers production c. a government budget deficit raises interest rates and causes investment spending to fall d. a government budget deficit raises American exports and lowers American imports

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To gain market share Lada entered car markets with a comparatively low price. One of the negative side effects of taking this pricing position is A)a negative impact on consumers' perceptions of quality. B)competitors can match the price. C)a high return on investment levels affecting tax balances owed. D)poor survival chances in the market.

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Last Answer : A)a negative impact on consumers' perceptions of quality.

______________ is granted to small scale units under section 33B of the Income tax act, 1961. A. Depreciation Allowance. B. Development Debate. C. Investment Allowance. D. Rehabilitation Allowance.

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How much investment would it take to set up a small leaged crystal manufacturing and casting facility?

Description : How much investment would it take to set up a small leaged crystal manufacturing and casting facility?

Last Answer : ETpro, if you are serious, check out information on the US Small Business Administration webpage. There are mentors available to help you create a business plan and get funding. It is even easier if you are a woman or a disadvantaged or minority.

How much would property tax be on average for an acre of land in the United States?

Description : How much would property tax be on average for an acre of land in the United States?

Last Answer : answer:HIGHLY variable. By that, I mean, You have no fucking idea how variable! variable. You may think it only varies bit, but tax rates varies by about a factor of 10 (0.18% to 1. ... we knew approximately where you were thinking of settling, we might be able to actually give you a better guess.

My mother died last year. Donated 99% of her property to Goodwill. What percentage can I deduct on my 2011 tax return?

Description : My mother died last year. Donated 99% of her property to Goodwill. What percentage can I deduct on my 2011 tax return?

Last Answer : answer:Here is the IRS publication that discusses these issues. Excerpt: In general, contributions to charitable organizations may be deducted up to 50 percent of adjusted gross income ... , however. Exempt Organizations Select Check uses deductibility status codes to indicate these limitations.

Anybody know much about property tax re-assessment?

Description : Anybody know much about property tax re-assessment?

Last Answer : Wow. I was just thinking of challenging my property tax for next year. With your story I definitely am going to do it. In my county you have to put itinerary writing before a certain date of the ... dropped. When I lived in Palm Beach County FL, they never assessed to the tippy top of the market.

How do people on Extreme Home Makeover afford their new property tax?

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Last Answer : I guess being they have no house note they can afford the taxes

Does every rental property involve a rental property tax?

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Last Answer : In the U.S., property taxes are generally paid by property owners. Renters generally pay a fixed monthly amount to the landlord/proprietor with no tax added.

What tax implications will I face from purchasing a Real Estate Rental property?

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Last Answer : Purchasing a rental property can be an excellent tax advantage, actually. YOu will be able to deduct most of your maintenance, repair, interest, taxes, and some travel expenses - similar to running a business, the costs of maintaing the home will be deducted from your actual rental income.

What Type of Tax must a Real Property owner pay on their homes?

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Last Answer : A Landlord must pay property taxes on the Home. In our Area a $80,000 Home is Charged $2000 a year in property taxes. Every where is different but they will be in the same ball park.

How do I get property tax information on a house that I want to purchase?

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Where can I get property tax information regarding homestead exemptions in Texas?

Description : Where can I get property tax information regarding homestead exemptions in Texas?

Last Answer : You can find information the exemptions at www.window.state.tx

What is the penalty in Kansas for not paying the property tax for 2 years?

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Where can I find property tax information for my home?

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Last Answer : Your local property tax office.

Will I be able to deduct a portion of my local property taxes from my NY state income tax?

Description : Will I be able to deduct a portion of my local property taxes from my NY state income tax?

Last Answer : No. However, you can deduct property taxes from your federal tax liability.

I'm loooking into homestead exemptions, where is the best place for this Property Tax Information?

Description : I'm loooking into homestead exemptions, where is the best place for this Property Tax Information?

Last Answer : Finding out homestead exemption information will depend on what state you reside. For Florida: http://dor.myflorida.com/dor/property/taxpayers/exemptions.html. For Georgia: www.dor.ga.gov/ptd/adm/taxguide/exempt/homestead.aspx

why the property tax in East Windsor,NJ are so high compare to Monroe,NJ Monroe also have a very good school system?

Description : why the property tax in East Windsor,NJ are so high compare to Monroe,NJ Monroe also have a very good school system?

Last Answer : There are more reasons that schools for taxes and they may need more if they have less people paying in as well.