One downside of primarily investing rental in Bay Area is cash flow. Your cash flow is low to negative and because of the depreciation, you don’t normally have to pay tax on your low cash flow.
With new Qualified Business Income (20% off on net investment income), I felt like it is a waste of opportunity not to utilize it. I am wondering on whether it is time to mix in more cash flow properties to take advantage of this. What are you tricks on making use of this QBI opportunities?
smauelking
Angemeldet seit: 23.12.2022
Beiträge: 3
Veröffentlich am: 20.03.2023, 14:17 Uhr
I'm surprised that this feature existed in 2019. I thought it was a brand new thing! Do you guys use it?
jeromyrev
Angemeldet seit: 04.12.2022
Beiträge: 4
Veröffentlich am: 20.03.2023, 14:18 Uhr
I love this feature. QBI allows business owners to deduct up to 20% of their qualified business income from their taxable income. Whether or not to use QBI depends on your individual circumstances and whether you meet the eligibility criteria. I suggest consulting with a tax professional to determine if it's right for you or advising with professionals like ***** before using.
Zuletzt bearbeitet am: 20.03.2023 14:19 Uhr.
Login
World of Warcraft and Blizzard Entertainment are trademarks or registered trademarks of Blizzard Entertainment in the U.S. and/or other countries.
