Published On Mar 16, 2024
In these episodes, I will be Answering all of your questions via video. To get your questions answered, Drop your questions on my YouTube videos and SUBSCRIBE for all future educational content : )
Questions Asked in this video :
1. (AT 0:27) Hey Karla, when you say you can use depreciation for your vehicle, is that depreciation a deduction against tax or is it a deduction against other expenses?
2. (AT 1:01) If I live in my home but on paper it’s a business property that I will conduct as a short term rental, can I still use the Augusta rule?
3. (AT 1:47) Does using turbo tax reduce your risk of an audit?
4. (AT 2:17) If you’re planning to use LLCs for real estate, couldn’t you obtain the same protection by increasing your insurance limits?
5. (AT 3:18) How do you find your business credit score?
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*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.
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