Tax Write Offs For Investors

I am looking for a list of questions to ask my CPA to verify that I am getting all of the tax write-offs possible. Any suggestions?

Comments(3)

  • mojojojo_115th September, 2005

    in what field? Ask about all your expenses and depreciation

  • groverm15th September, 2005

    Start a business. All of your business related expenses will be deductable.

    Find a CPA that specializes in RE deductions. Tell your CPA what you are doing in RE. There may be tax credits unique to your area.

  • NewKidInTown315th September, 2005

    Some of what you can do depends upon your business entity. Make sure your CPA explains how the different business entities give you opportunities to take business expenses that may be appropriate to your total financial posture.

    Just asking which expenses can be taken for your activity may not be enough. Go the next step and discuss whether the business entity you have or the entity you plan to use is really the right one for you.

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