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Owned by Ana

Tax Smart Investor Club

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For entrepreneurs and investors who are done overpaying Uncle Sam β€” learn real tax loopholes and strategies from an actual CPA

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73 contributions to Tax Smart Investor Club
Commercial Real estate
If you are interested in investing in commercial real estate, this is your chance to learn more about it! I am co-hosting a webinar with Custom Capital When: Thursday 4/16/26 Time: 7pm EASTERN Where: online Register here
πŸ’° Let's talk taxes! Open Call with Ana β€” Tomorrow!
Hey everyone! πŸ‘‹ We're inviting you to join our call with Ana tomorrow, where she'll be answering all your tax questions live. πŸ“… When: April 8, 11am CST πŸ”— Where: Zoom β€” Join Here Drop your questions in the comments or bring them on the call. See you there! πŸ™Œ
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Occupancy Taxes
Question related to Airbnb Occupancy taxes - These are netted off the payout and don't show up in the Airbnb earnings figure. As such, they essentially don't show up anywhere in my P&L right now. Am I supposed to add these taxes to revenue and then deduct the same amount as an expense? I can't imagine that every Airbnb owner is manually doing this entry for their bookkeeping though. Seems like more headache for a net $0 change to income! Please share your thoughts on how this is supposed to be recorded.
0 likes β€’ 30d
if you are not getting that money and its netted on your 1099 then i would not include it
πŸ“Š Got Tax Questions?
Not sure about something tax-related? Join Ana tomorrow for LIVE Office Hours and learn tips, get guidance, and get clarity on your situation. πŸ—“οΈ When: March 11, 11 AM CST πŸ“Where: Zoom (Link Here!) Don’t miss it. See you there! πŸ‘‹
Quarterly board meetings with family members my LLC.
Hi all, my name is Brennan, out of NYC. We recently opened an str. Part of the draw of doing so was the tax benefits, but we've also found some passion in operating an STR that's making waves in our market. I've seen many online "tax hackers" online say that you are able to deduct quarterly/twice-yearly board meeting trips, so long as you keep meeting minutes - even when your LLC members are also family members. We regularly take trips to new STR markets of interest to us and I was wondering if this is legitimate way to deduct such trips or if it is a real quick way to get yourself audited and penalized :) Appreciate the response in advance!
0 likes β€’ Mar 5
thank you for bumping this :) tax season .. and the answer is yes but with many caveats ofc. Here is what to do first: 1. Get a board of directors template ill send it via tax dome to you since you are our client- then add or remove whoever you want. Of course not your kids , who are 2 as they dont bring value to the company 2. you can plan your annual or bi annual meetings with your board of directors in other places such as retreats just make sure to document everything!
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Ana Klein, CPA
5
242points to level up
@ana-klein-1564
I help Real estate investors and business owners pay the least taxes as legally possible.

Active 1d ago
Joined Sep 26, 2024
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