Are you self-employed and want to save as much as $6,000 on yearly taxes?
Referred to as the Augusta Rule, you can use your primary or vacation home as a meeting location, up to 14 days per year, record the income and get a large tax deduction. You, your friends or family could benefit from this regulation. Below are links to two explanations. Contact your CPA for more details. If you need a great CPA for these types of tax savings tips or many more, call me.
When you are looking to save the most amount of money on a mortgage loan or get the best loan program, call me, Dan the Man for Mortgages, 714-310-4162.
Rave review on Yelp:
“Dan Stone provides his clientele with ultimate professionalism, experience and competency. He followed through at every twist and turn of the process. Most loan agents did not understand my business or the complexity of my tax returns, until Dan entered the picture. I saved $364 per month in payments vs. the next competitive lender, amounting to $98,000 savings over the life of the loan. Additionally, Dan referred me to an insurance agent, which will save me money and provide more coverage on my fire insurance policy. On top of actually helping me obtain these services and savings, Dan is a real pleasure to work with and to know.” Robert G.
The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation.