Every Landlord's Tax Deduction Guide Great Price

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NEW IRS RULES you should know for 2014 to save money

I got this book as a tax guide for our rental home business. Especially I wanted to know about New IRS Rules: Repairs vs. Improvement. This book explains well about the rules, and gives great examples. SHST(safe harbor small taxpayers)is one of best thing you should know if you are a landlord(small business) Before this new rule, you have to depreciate the cost of building related replacement (say, water heater) over 27.5years since it is considered as improvement to the building. But for 2014 tax year, you can deduct the expense as repair, if it falls within safe harbor rule. One thing I noticed that there are typo numbers. In the EXAMPLE on page 77, $100,000 shows as $200,0000 and page78, $100,000 shows as $100,0000. I haven't read all of the book yet, but I just want to recommend this book for anyone who owns rental home business. YOU CAN SAVE MONEY by using Deduction! Buy this before you file tax!!!


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Every Landlord's Tax Deduction Guide

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