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(former)FormerSanDiegan
ParticipantMaking strategic changes, based on careful tax planning is prudent.
Letting tax policy drive your investments is the tail wagging the dog.
Making drastic changes based on potential future changes (real or imagined) is futile.
(former)FormerSanDiegan
ParticipantThe U.S. exports over $1 Trillion in goods.
We were the world’s thrid largest exporter last year
The US controls about half of the world’s grain exports.
Here are the top exports:
http://www.worldsrichestcountries.com/top_us_exports.html
Porn does not appear to make the list. Probably because it’s mostly free.
[img_assist|nid=13918|title=US exports|desc=|link=node|align=left|width=100|height=43]
(former)FormerSanDiegan
ParticipantThe U.S. exports over $1 Trillion in goods.
We were the world’s thrid largest exporter last year
The US controls about half of the world’s grain exports.
Here are the top exports:
http://www.worldsrichestcountries.com/top_us_exports.html
Porn does not appear to make the list. Probably because it’s mostly free.
[img_assist|nid=13918|title=US exports|desc=|link=node|align=left|width=100|height=43]
(former)FormerSanDiegan
ParticipantThe U.S. exports over $1 Trillion in goods.
We were the world’s thrid largest exporter last year
The US controls about half of the world’s grain exports.
Here are the top exports:
http://www.worldsrichestcountries.com/top_us_exports.html
Porn does not appear to make the list. Probably because it’s mostly free.
[img_assist|nid=13918|title=US exports|desc=|link=node|align=left|width=100|height=43]
(former)FormerSanDiegan
ParticipantThe U.S. exports over $1 Trillion in goods.
We were the world’s thrid largest exporter last year
The US controls about half of the world’s grain exports.
Here are the top exports:
http://www.worldsrichestcountries.com/top_us_exports.html
Porn does not appear to make the list. Probably because it’s mostly free.
[img_assist|nid=13918|title=US exports|desc=|link=node|align=left|width=100|height=43]
(former)FormerSanDiegan
ParticipantThe U.S. exports over $1 Trillion in goods.
We were the world’s thrid largest exporter last year
The US controls about half of the world’s grain exports.
Here are the top exports:
http://www.worldsrichestcountries.com/top_us_exports.html
Porn does not appear to make the list. Probably because it’s mostly free.
[img_assist|nid=13918|title=US exports|desc=|link=node|align=left|width=100|height=43]
September 16, 2010 at 11:23 AM in reply to: Question: For a refinance, what is the reasonable overlap between the two loans? #605433(former)FormerSanDiegan
ParticipantI am guessing that HLS with his day job these days.
September 16, 2010 at 11:23 AM in reply to: Question: For a refinance, what is the reasonable overlap between the two loans? #605520(former)FormerSanDiegan
ParticipantI am guessing that HLS with his day job these days.
September 16, 2010 at 11:23 AM in reply to: Question: For a refinance, what is the reasonable overlap between the two loans? #606072(former)FormerSanDiegan
ParticipantI am guessing that HLS with his day job these days.
September 16, 2010 at 11:23 AM in reply to: Question: For a refinance, what is the reasonable overlap between the two loans? #606179(former)FormerSanDiegan
ParticipantI am guessing that HLS with his day job these days.
September 16, 2010 at 11:23 AM in reply to: Question: For a refinance, what is the reasonable overlap between the two loans? #606497(former)FormerSanDiegan
ParticipantI am guessing that HLS with his day job these days.
(former)FormerSanDiegan
Participant[quote=sdrealtor]and write the trip off![/quote]
I believe that travel for identifying and purchasing a rental property is not immediately deductible as an expense, but rather is applied to the cost basis of the home. Don’t know if it is depreciable or not. Regardless, the tax break is going to be accumulated over a signficant period of time.
However, travel to the property for repairs and maintenance fall into a different category and can be deducted in the year they are incurred.
Going off memory here. Consult a tax advisor.
(former)FormerSanDiegan
Participant[quote=sdrealtor]and write the trip off![/quote]
I believe that travel for identifying and purchasing a rental property is not immediately deductible as an expense, but rather is applied to the cost basis of the home. Don’t know if it is depreciable or not. Regardless, the tax break is going to be accumulated over a signficant period of time.
However, travel to the property for repairs and maintenance fall into a different category and can be deducted in the year they are incurred.
Going off memory here. Consult a tax advisor.
(former)FormerSanDiegan
Participant[quote=sdrealtor]and write the trip off![/quote]
I believe that travel for identifying and purchasing a rental property is not immediately deductible as an expense, but rather is applied to the cost basis of the home. Don’t know if it is depreciable or not. Regardless, the tax break is going to be accumulated over a signficant period of time.
However, travel to the property for repairs and maintenance fall into a different category and can be deducted in the year they are incurred.
Going off memory here. Consult a tax advisor.
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