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Oil n gas investment 2025
Hi, I’d like to get some leads or recommendations for oil n gas investments before end of this year. Please suggest the min investment, final deadline and expected ROI. Also, should I open an LLC for this investment?
0 likes • 27m
+1 I think it's too late for 2025. We also need to be careful with working interest, liability etc which requires more time and due diligence.
Can I ask you guys a favor?
I have a favor to ask of all of you... and if you'll do me this solid, I'll buy you a coffee. We're working on our Google reviews for my company Tax Strategy 365. If we have ever worked together in any capacity, would you do me a solid and leave an honest review? What you like, what was valuable for you, even what you didn't like! I'd greatly appreciate it! Just google "Tax Strategy 365 Reviews" and leave a review on our Google profile. Once you leave the review, screenshot it and DM it to me here in Skool and I'll send you a Starbucks gift card as a thank you 🙏
2 likes • 8d
Done and no coffee needed! :)
Trump Accounts
I want to get ahead of the Trump Accounts (Section 530A) opening in July 2026. My understanding is that we would have to fill Form 4547 in the Tax return 2025 for both cases: new born eligible for the $1000 but child not eligible to have the ability to contribute the $5000 per year. I also just learned that S-Corp could contribute $2500 and this sounds to me like a very relevant deduction. Any thoughts? Is that correct?
0 likes • 10d
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Does Direct Booking website count as operating expense?
Hi all! For my already-operating Airbnb short-term rental, can the cost of paying someone to build me a basic, template-based direct booking website before the end of the year be 100% expensed as an ordinary and necessary operating expense on my 2025 tax return, or does it need to be capitalized and amortized? Also I was curious as to the group’s thoughts/experiences on what it typically costs to have someone build a basic direct booking website - $1000, $2000, or more?? Currently reaching out to someone who builds websites for a quote and I want to have an idea of what is reasonable. Thanks in advance! 🤓
Does Direct Booking website count as operating expense?
1 like • 16d
What's your goal with a direct website? It will cost you a lot and won't be indexed well on Google. Also, you will lose any protections from Airbnb like insurance etc. Don't forget that a write-off is not a free deduction, It only reduces the taxable income by your marginal tax rate, meaning you are still bearing the majority of the cost, so the question would spending $2000 upfront + maintenance fee worth it?
Primary residence as an office for S-Corp
Hi there - I have a few questions about using my primary residence as an office for my S-corporation and want to be sure we set things up correctly. 1. For daily regular use, would you recommend a formal lease (Schedule E) where the S-Corp pays me rent, or an accountable plan where the S-Corp reimburses me for home-office expenses (not reported as income)? 2. In this case, are we still eligible for the “Augusta rule” (IRC §280A(g)) for short-term rentals (< 14 days) assuming I'm renting another room and not double dipping? 3. How should I document a defensible monthly rent or fair market value? Are there any reference websites accepted by the IRS? Thank you!
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Michael Bettan
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@michael-bettan-1236
MB

Active 26m ago
Joined Oct 11, 2025
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