Home › Forums › Financial Markets/Economics › Tax question for Realtors
- This topic has 55 replies, 7 voices, and was last updated 15 years, 11 months ago by sdrealtor.
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December 17, 2008 at 11:05 AM #316901December 17, 2008 at 11:09 AM #317319sdrealtorParticipant
I dont get it? Are you a troll? Those are ordinary business expenses which should be on her Schedule C.
December 17, 2008 at 11:09 AM #317395sdrealtorParticipantI dont get it? Are you a troll? Those are ordinary business expenses which should be on her Schedule C.
December 17, 2008 at 11:09 AM #316906sdrealtorParticipantI dont get it? Are you a troll? Those are ordinary business expenses which should be on her Schedule C.
December 17, 2008 at 11:09 AM #317257sdrealtorParticipantI dont get it? Are you a troll? Those are ordinary business expenses which should be on her Schedule C.
December 17, 2008 at 11:09 AM #317300sdrealtorParticipantI dont get it? Are you a troll? Those are ordinary business expenses which should be on her Schedule C.
December 17, 2008 at 11:32 AM #317331sstearns2ParticipantThanks for the reply. I’ve been called a lot of things, but never a troll. Interesting.
I don’t get it either. Thanks for the info.
Scott
December 17, 2008 at 11:32 AM #317426sstearns2ParticipantThanks for the reply. I’ve been called a lot of things, but never a troll. Interesting.
I don’t get it either. Thanks for the info.
Scott
December 17, 2008 at 11:32 AM #317351sstearns2ParticipantThanks for the reply. I’ve been called a lot of things, but never a troll. Interesting.
I don’t get it either. Thanks for the info.
Scott
December 17, 2008 at 11:32 AM #317287sstearns2ParticipantThanks for the reply. I’ve been called a lot of things, but never a troll. Interesting.
I don’t get it either. Thanks for the info.
Scott
December 17, 2008 at 11:32 AM #316936sstearns2ParticipantThanks for the reply. I’ve been called a lot of things, but never a troll. Interesting.
I don’t get it either. Thanks for the info.
Scott
December 17, 2008 at 12:23 PM #317489TemekuTParticipantThere is more to this than meets the eye. There is something she is not telling you, or something you are not telling us.
I am a CPA** and the expenses you are describing meet the definition of ordinary and necessary business expenses which are commonly allowed in her line of business.
I cannot believe the IRS would summarily disallow those expenses.
If the situation is accurately related per your synopsis, I would suggest you counsel her to ask her CPA to recommend a tax attorney. I then suggest she pays for a consultation with that attorney, plus 2 other tax attorneys (ask for referrals from friends and acquaintances), then selects the best attorney to fight on her behalf, which could be lengthy and quite expensive unfortunately.
**disclaimer – I am no longer in public practice and do not give specific tax advice.
December 17, 2008 at 12:23 PM #317352TemekuTParticipantThere is more to this than meets the eye. There is something she is not telling you, or something you are not telling us.
I am a CPA** and the expenses you are describing meet the definition of ordinary and necessary business expenses which are commonly allowed in her line of business.
I cannot believe the IRS would summarily disallow those expenses.
If the situation is accurately related per your synopsis, I would suggest you counsel her to ask her CPA to recommend a tax attorney. I then suggest she pays for a consultation with that attorney, plus 2 other tax attorneys (ask for referrals from friends and acquaintances), then selects the best attorney to fight on her behalf, which could be lengthy and quite expensive unfortunately.
**disclaimer – I am no longer in public practice and do not give specific tax advice.
December 17, 2008 at 12:23 PM #317394TemekuTParticipantThere is more to this than meets the eye. There is something she is not telling you, or something you are not telling us.
I am a CPA** and the expenses you are describing meet the definition of ordinary and necessary business expenses which are commonly allowed in her line of business.
I cannot believe the IRS would summarily disallow those expenses.
If the situation is accurately related per your synopsis, I would suggest you counsel her to ask her CPA to recommend a tax attorney. I then suggest she pays for a consultation with that attorney, plus 2 other tax attorneys (ask for referrals from friends and acquaintances), then selects the best attorney to fight on her behalf, which could be lengthy and quite expensive unfortunately.
**disclaimer – I am no longer in public practice and do not give specific tax advice.
December 17, 2008 at 12:23 PM #317001TemekuTParticipantThere is more to this than meets the eye. There is something she is not telling you, or something you are not telling us.
I am a CPA** and the expenses you are describing meet the definition of ordinary and necessary business expenses which are commonly allowed in her line of business.
I cannot believe the IRS would summarily disallow those expenses.
If the situation is accurately related per your synopsis, I would suggest you counsel her to ask her CPA to recommend a tax attorney. I then suggest she pays for a consultation with that attorney, plus 2 other tax attorneys (ask for referrals from friends and acquaintances), then selects the best attorney to fight on her behalf, which could be lengthy and quite expensive unfortunately.
**disclaimer – I am no longer in public practice and do not give specific tax advice.
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