Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: rb22982

Lol. You said you work all year to maintain tour tax data!


327 posted on 09/28/2017 9:46:58 AM PDT by TexasGator
[ Post Reply | Private Reply | To 299 | View Replies ]


To: TexasGator

As a retired couple making 50k a year l our medical insurance and medical deductions and property taxes our are only deductions . This will actually hurt us. We own our home, No mortgage.


331 posted on 09/28/2017 9:59:35 AM PDT by Irish Eyes
[ Post Reply | Private Reply | To 327 | View Replies ]

To: TexasGator

Yeah, I spend a lot of time /rollseyes. The ~2 receipts I need per property I throw in a binder when I get home..and then pull it out at tax time lol. My W2 is pulled electronically. All my personal information is saved. I can grab my mortgage/tax information in a couple minutes electronically. Cozy.co keeps track of my rental income and the basics of my rental properties carry-over in the software. Helps I don’t do much day trading and all of my dividend stocks/funds are in IRAs, 401ks or NQ Def Comp plans that are tax deferred. HUUUGE amount of time during the year (maybe 1-2 hrs total in prep spread throughout the year)!


335 posted on 09/28/2017 10:14:11 AM PDT by rb22982
[ Post Reply | Private Reply | To 327 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson