NE has better food, I'm pretty sure.This quote is hidden because you are ignoring this member. Show Quote
NE has better food, I'm pretty sure.This quote is hidden because you are ignoring this member. Show Quote
Ah yes, land of the unidriveway.This quote is hidden because you are ignoring this member. Show Quote
Is it still a unidriveway if you paint it red?
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Fuck I was in meetings for a few hours and this got awesome.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
All I wanted was someone to help me understand my landlord accounting question.This quote is hidden because you are ignoring this member. Show Quote
Something something don’t be poorThis quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Or enroll them early as junior club members and start their networking journeyThis quote is hidden because you are ignoring this member. Show Quote
Updated: March 10, 2022
My list of random For Sale (some free) stuff
ftfyThis quote is hidden because you are ignoring this member. Show Quote
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
A fellow member could use your expertise advice. https://forums.beyond.ca/threads/415...ease-Agreement
- - - Updated - - -
Sell me this penThis quote is hidden because you are ignoring this member. Show Quote
Updated: March 10, 2022
My list of random For Sale (some free) stuff
This quote is hidden because you are ignoring this member. Show QuoteI still think this was legit advice. I had to search my own post history to find it, and turns out I've posted in this thread 174 times before this. Fucking hell, I thought I mostly ignored this stupidity. I vow to become a better person. Probably next week.This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
This quote is hidden because you are ignoring this member. Show Quote
Your employer must be so proud of your productive time on their dime.
Star employee.
qft.This quote is hidden because you are ignoring this member. Show Quote
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For reference, the other Brad insulted my work ethic more effectively.
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I may not understand it fully, but if you show a loss on paper, the principal that has been paid off by the tenant isn't taxed (bigger income tax return) Goal of any business is to not make money on paper. That's probably not an answer to the question, but how I interpreted it....This quote is hidden because you are ignoring this member. Show Quote
Last edited by arcticcat522; 04-12-2022 at 08:06 PM.
The thing with losses on paper. Is they tend to represent losses in real life too lol
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
You need a better accountant....This quote is hidden because you are ignoring this member. Show Quote
ĢOD.....I need a physical keyboard back on my phone
Last edited by arcticcat522; 04-12-2022 at 08:14 PM.
Is articrat having a strook?
He is claiming CCA.. and yea it can bite you in the ass at time of sale:This quote is hidden because you are ignoring this member. Show Quote
Selling the property may result in a “recapture” of your CCA. You would add this recaptured amount to your taxable income when preparing your tax return. Recapture may happen if upon selling the property the proceeds from the sale exceed the remaining undepreciated capital cost. Your undepreciated capital cost is the capital cost of all your depreciable property in the class subtracted from the allowance you claimed in prior years. Alternatively, you might be allowed to take a “terminal loss” deduction from your income. Terminal loss is when you don’t have any depreciable property in the class at the end of the year, but you have an outstanding CCA amount that you have not claimed. “Upon sale, any profit you earned on the rental property over and above your initial cost will be treated as a capital gain. Capital gains are taxed at 50 percent of the gain, whereas recapture is 100 percent taxable,”