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The Watercooler
Who's The Tax Expert Around Here?
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<blockquote data-quote="DDD" data-source="post: 386209" data-attributes="member: 35"><p>I know that some of our Board members are IRS knowledgeable...I just don't remember who! <img src="/community/styles/default/xenforo/smilies/redface.png" class="smilie" loading="lazy" alt=":redface:" title="redface :redface:" data-shortname=":redface:" /> This is not urgent in any way. I was having a conversation with</p><p>easy child yesterday about their second home. In the course of the conversation I asked</p><p>about the tax advantages they might enjoy. She's not the business type but she responded that she didn't think they had any extra deductions etc.</p><p> </p><p>Now I am curious. "Back in the day" when I was a Realtor people bought vacation or second homes (X miles away from the primary home) for the tax benefits and their personal pleasure. Is that no longer the case? Anybody know? DDD</p></blockquote><p></p>
[QUOTE="DDD, post: 386209, member: 35"] I know that some of our Board members are IRS knowledgeable...I just don't remember who! :blushing: This is not urgent in any way. I was having a conversation with easy child yesterday about their second home. In the course of the conversation I asked about the tax advantages they might enjoy. She's not the business type but she responded that she didn't think they had any extra deductions etc. Now I am curious. "Back in the day" when I was a Realtor people bought vacation or second homes (X miles away from the primary home) for the tax benefits and their personal pleasure. Is that no longer the case? Anybody know? DDD [/QUOTE]
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Who's The Tax Expert Around Here?
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