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SVTPerformance's Chain of Restaurants
Road Side Pub
Tax Filing Experts - Semi-venting thread
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<blockquote data-quote="MG0h3" data-source="post: 15522368" data-attributes="member: 164690"><p>ya its their combined income along with not having enough deductions. They hammer you.</p><p></p><p>FWIW, the best way I know to get deductions is having rental properties. I have 3 and I pay about 8-9k less in taxes than friends that are paid the same. I probably pay 5k out of pocket yearly on the three so Im still ahead. Total principal reduction is about 1400 monthly. Keep thinking I want to cash out but I see how much its saves me in taxes and I cant do it.</p></blockquote><p></p>
[QUOTE="MG0h3, post: 15522368, member: 164690"] ya its their combined income along with not having enough deductions. They hammer you. FWIW, the best way I know to get deductions is having rental properties. I have 3 and I pay about 8-9k less in taxes than friends that are paid the same. I probably pay 5k out of pocket yearly on the three so Im still ahead. Total principal reduction is about 1400 monthly. Keep thinking I want to cash out but I see how much its saves me in taxes and I cant do it. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Tax Filing Experts - Semi-venting thread
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