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My partner and i have recently started an onlyfans page The only big upgrades done to the condo since it was built in 1985 was adding central ac (about $10k). In order to add a bank account they needed both of us to provide a copy of our id's even though the page is mainly focused around her
They say because i am part of the content they needed my info too Before listing through a realtor Once we got approved they gave us a w9 to fill out and i am curious about line 3.
I spent a bunch of money putting new tile, painting, and making general repairs after i listed my house for sale
Can i deduct these costs if i kept receipts? I really appreciate the new information and details It sounds like in the past, property that cost < $2500 that became permanently fixed to a rental property (e.g Windows, carpet, vent fans etc) were considered improvements and would not qualify under the de minimis safe harbor.
Is an expenditure for a solar powered exhaust fan eligible for the § 25d credit Only the component part of a property that actually generates electricity for the dwelling unit is eligible for the § 25d credit. The cost basis you have to use is the basis that you used when you set up the property for depreciation as a rental property, plus additions and improvements that you capitalized, less the accumulated depreciation on the house and improvements You can add the cost of the roof added in the year of sale
You do not add the cost of the hvac system to the basis of the house
Log into your account if it is not open Select the wages & income tab On the page your income select review on. When a tenant moved out of one of our rentals, we spent some money on painting the interior, replacing the ceiling fans and the blinds and installed new flooring and appliances
I know that the flooring and appliances get depreciated, but do things like the new ceiling fans and blinds also have to b. This will take you back to the 2024 online tax return Click on tax tools on the left side of the online program screen Then click on print center
Then click on print, save or preview this year's return.
I installed a qualified central air conditioning unit that qualifies for the $300 energy efficiency improvement credit, however, in turbotax deluxe, there is no option in the list of improvements for central air, it only shows windows, roof, insulation, air circulating fan, furnaces Where can i enter the central air conditioner to get the $300 credit. I spent about $5400 on adding blinds, ceiling fans, stage furniture, etc
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