| Author | Message | ||
     Gotcha Pilla Bewarse Username: Gotcha Post Number: 661 Registered: 01-2007 Posted From: 172.87.48.134 Rating: N/A |
taxes appudu taxes katali. adi ela work out avutundi ante see below: say you get 1000$ per month so your annual income for rents is 12000 so from these subtract property tax say 5000 Mortgage Interest say 3000 expenses like repairs, your visit to the house (airline charges for your trip esi dobbu) 1000 depreciation certain percent say 3000 HOA fees per month say 100 so 1200 for year now do the math 12000-5000-3000-1000-3000-1200= -1200 so u r making loss of 1200 per year. so no need to make taxes but ade company peru meeda petavu anuku illu u can roll these losess into ur federal taxes and pay less tax provided u are not earning too much money |