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Rainmaker
4,739,220
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Reported.  

Sep 10, 2018 10:27 AM
Ambassador
5,488,379
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I let my CPA decide. That's how I decide!

Sep 10, 2018 08:32 AM
Rainmaker
1,619,811
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO
Big Block Realty 858.232.8722 - La Jolla, CA
Serving Coastal San Diego, Veteran's & Seniors

Not to be shared with blue faces.

Anonymous

Sep 10, 2018 08:05 AM
Rainmaker
2,522,412
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Hire a CPA. This is what I did long ago and it's well worth the money and the peace of mind.

Sep 10, 2018 07:56 AM
Rainmaker
1,259,568
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

I leave all that to my tax man

Sep 10, 2018 10:34 AM
Rainmaker
5,116,842
Richard Weeks
Dallas, TX
REALTOR®, Broker

I listen to my CPA.

Sep 10, 2018 07:53 AM
Rainmaker
2,071,135
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

For sure, but CPS knows beter

Sep 10, 2018 07:46 PM
Rainmaker
1,598,552
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Really "great" question. I just wonder, where you get them?

Sep 10, 2018 07:06 PM
Rainmaker
2,230,207
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I follow recommendations from my CPA. Nothing has changed.

Sep 10, 2018 03:01 PM
Rainmaker
5,774,100
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Ask your CPA

Sep 10, 2018 02:52 PM
Ambassador
3,430,532
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Decisions are made privately with my CPA.  

Sep 10, 2018 01:04 PM
Rainmaker
5,484,994
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

I don't, my accountant takes care of it!

Sep 10, 2018 09:45 AM
Rainmaker
1,444,638
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Nothing has changed for me.

Sep 10, 2018 04:33 PM
Rainmaker
717,473
Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

No, but looking forward to receiving that new 20% pass through business deduction that can take some of the sting out of our health insurance premiums from the UNaffordable Care Act. 

For tax year 2017 our health insurance premiums totaled $22,250 for the two of us, so this new deduction will really help!!!

Sep 10, 2018 04:15 PM
Rainmaker
4,361,010
John Pusa
Glendale, CA

Consult with a CPA.

Sep 10, 2018 03:59 PM
Ambassador
6,689,686
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Not yet but we are discussing the options.

Sep 10, 2018 10:51 AM
Rainmaker
8,153,157
Roy Kelley
Retired - Gaithersburg, MD

I have made no changes.

Sep 10, 2018 10:26 AM
Rainmaker
1,262,452
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

tax law applies to rea estate principle home deduction..... not business expense....

Sep 10, 2018 09:29 AM
Rainmaker
2,249,454
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

Most of us are Independent Contractors and receive a 1099 that we report on Form Schedule C

Sep 10, 2018 08:32 AM
Rainmaker
5,313,834
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Why would I discuss something like this in a public forum with someone I don't know and who does not identify him or herself?

Sep 10, 2018 08:07 AM
Rainmaker
1,429,268
Joyce M. Marsh
Luxury Home Couture - Daytona Beach, FL
Joyce Marsh Homes & Design

Confidential information.

Sep 10, 2018 01:02 PM
Rainmaker
1,713,581
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Talk to a CPA and an attorney.

Sep 10, 2018 07:28 PM
Rainmaker
4,434,227
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Sep 11, 2018 04:54 AM
Rainmaker
4,322,035
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Nothing changed yet for me this year.

Sep 10, 2018 10:56 PM
Ambassador
2,708,363
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 No.

 Legal advice from lawyer; financial advice from CPA.

Sep 10, 2018 09:09 PM
Rainmaker
3,986,473
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

No

Sep 10, 2018 07:30 PM
Rainmaker
1,538,744
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I let me CPA advise me on all things tax related.  I defer to the professionals as opposed to going "FSBO".

Sep 14, 2018 09:14 AM
Rainmaker
6,006,136
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

My CPA knows what to do for me.

Sep 13, 2018 04:38 PM
Ambassador
3,213,539
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

well it changed writing off meals and entertainment, but I still take people out to dinner and out.... just don't write it off anymore.

Sep 11, 2018 02:09 PM
Rainmaker
922,444
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Not yet; will see.

Sep 11, 2018 06:34 AM
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