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Updated almost 4 years ago on . Most recent reply

Tom Rountree's profile image
Tom Rountree's profile image
Tom Rountree
  • from Clinton Township, MI
  • Member since May 24, 2017

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Tom Rountree's profile image
Tom Rountree's profile image
Tom Rountree
  • from Clinton Township, MI
  • Member since May 24, 2017
Tom Rountree
  • Clinton Township, MI
0
Votes |
2
Posts
General Landlording & Rental Properties

How do you use depreciation if your MAGI is more than 150,000?

Tom Rountree
  • Clinton Township, MI
Posted

I've read IRS publication 527 and I think I need to form an LLC to separate the business income from our personal income. Thank you for your help and Happy New Year.

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Rushabh Mehta's profile image
Rushabh Mehta's profile image
Rushabh Mehta
  • Rental Property Investor
  • from Seattle, WA
  • Member since Jun 2, 2017

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1
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Rushabh Mehta's profile image
Rushabh Mehta's profile image
Rushabh Mehta
  • Rental Property Investor
  • from Seattle, WA
  • Member since Jun 2, 2017
Rushabh Mehta
  • Rental Property Investor
  • Seattle, WA
1
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1
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Rushabh Mehta
  • Rental Property Investor
  • Seattle, WA
Replied

@Bjorn Ahlblad Hey fellow PNW resident, can you please share contact of your CPA?

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