|Rating(1-10)||Knowledgeability = 1||Clarity of Response = 1||Politeness = 1|
|Comment||No, we did not spend 2 months driving from house to house to house. But as we found a house to look at we would drive to view it. And since, at the same time we run and Adult Foster Care, we have no time to make personal stops, but must get back to relieve the person who has generously agree to watch our elderly for us. Actually we have been doing this for about 11 months (since we put our last rental into service). Not trying to stretch the truth, but was asking what the IRS considered to be the truth. Which is a service that I though you were offering .|
Answers by Expert:
Tax and general business including hospitality related (hotel mgmt degree and experience in industry prior to obtaining ms tax and cpa).
19 years cpa. ms tax.
NOTE: My discussions are only a general information and do not constitute tax advise without entering into a specific agreement and executing an engagement letter; This free chat is nothing more than general information and should not be construed as tax advice nor does my response or replies imply an agreement to provide client specific advice or other guidance for purposes of avoiding IRS tax or penalties and should not be relied upon without your own validation and confirmation of the how the discussion may fit your facts... Not having all the facts and/or not having a direct client relationship prevents me from providing the most accurate replies as possible and I highly suggest using a local CPA to provide you with written advice and guidance. Taking matters into your own hands is much akin to trying to land an airplane without a license. It is easy to FLY a plane, but LANDING is when critical experience is key.
In short, caveat emptor; do your homework and don't just rely on free chat board advice anywhere, anytime.
AICPA, CSCPA (Ct society), National Tax,
MS tax and other post graduate coursework
Awards and Honors
variety including Summa Cum Laude
I don't disclose or kiss and tell