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December 12th, 2008, 06:23 PM | #31 |
Trustee
Join Date: Dec 2006
Location: Little Rock
Posts: 1,383
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I purchased my current home with my business in mind.
It is a 100 plus year old home in an historic district, that has a carriage house out back. It has it's own utilities and such separate from the main house, which makes it perfect come tax time. |
December 13th, 2008, 06:01 PM | #32 | |
Major Player
Join Date: Aug 2008
Location: Montreal, Canada
Posts: 442
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Quote:
J. |
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December 13th, 2008, 06:03 PM | #33 |
Major Player
Join Date: Aug 2008
Location: Montreal, Canada
Posts: 442
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December 14th, 2008, 05:29 AM | #34 |
Trustee
Join Date: Dec 2006
Location: Central Coast - NSW, Australia
Posts: 1,606
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Any expense incurred in earning an income is deductible, while tax laws my vary between the U.S., Australia etc etc - the principle remains.
The quality of accountants is variable, like the quality of videographers - if you're unsure - call the tax dept, (or IRS) they can actually be helpful. |
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