Positive thought for today-Just finished my tax returns - Posted by Nancy Cason

Posted by Laure on March 26, 2000 at 20:24:25:

Before you send them off…

I am using Turbo Tax for business this year, and it SUGGESTS on new property purchases, that you separate out 5 year assets from the basis of the property and take the faster depreciation ie. carpet, water heater, fences, vinyl…etc. I had quite a few purchases this year, so it’s going to make a good sized difference for me.

Laure :slight_smile:

Positive thought for today-Just finished my tax returns - Posted by Nancy Cason

Posted by Nancy Cason on March 26, 2000 at 20:13:20:

I always do my own taxes, that way I get to see if my investing is offsetting the W2 income. That is one reason I started this landlording stuff.

I am so relieved its over. I want to share a positive item I read this morning before tackling the last stage of the tax preparation. (I do a 1065, 1040, and two different state returns).

Only as high as I reach can I grow.
Only as far as I seek can I go.
Only as deep as I look can I see.
Only as much as I dream can I be.

Holding these thoughts in the back of my mind all day made the tax preparation a welcome task instead of a chore. Each year as I see my tax position it helps me make adjustments in my investing program.

Remember not only must we all reach, seek, and dream; but we must also HAVE FUN and keep a positive mental attitude.

REGARDS TO ALL
Nancy