Do you own real property?
If you do, the IRS has some good news for you…
If your business qualifies as a “small business,” Uncle Sam may have a nice gift for you in the form of hassle-free, income-generating expensing.
Want to learn how to sail happily into Uncle Sam’s safe harbor?
Read my new article titled Tax Tips: Have a Small Business? Own Real Property? Discover Repair Deductions!
Three ways our fact-filled article can help you:
- We’ll explain the tremendous advantages of expensing. When you spend money fixing up your business properties or rentals you can claim those outlays as capital expenditures. But “expensing” is much, much better. Why? You’ll get crystal-clear answers when you read the full article.
- You’ll learn if you qualify as a “small business.” The IRS extends expensing benefits to small businesses only. And it strictly defines what constitutes “small.” We’ll provide full details when you read the full article.
- We’ll tell you the real beauty of the small business safe harbor. It’s flexibility. You see, if you qualify for safe harbor protection, you can elect it annually on a building-by-building basis. This means you get to pick and choose the properties you apply it to every year. And that’s just for starters as you’ll learn when you read the full article.