Hi, what is my best option as far as tax laws go.

Discussion in 'Taxes and Accounting' started by Pooks, Oct 28, 2007.

  1. For some people, they don't need to anything. The standard deduction exceeds the amount they would write off as "business expenses."

    This is something that home owners/real estate investors don't always grasp. The standard deduction often chews up part fo the mortgage interest and expenses they thought they would be writing off.
     
    #11     Oct 29, 2007