Recording of LIVE Training Workshop
QuickBooks 101 – The Basics
includes Mike’s “Post Office Method” Accounting
Overview Summary
40 min video
QuickBooks For Real Estate Investors
QuickBooks For Investors America's Only Complete System For Real Estate Investors using Quick Books Pro
Recording of LIVE Training Workshop
QuickBooks 101 – The Basics
includes Mike’s “Post Office Method” Accounting
Overview Summary
40 min video
Proposed Rules Address 100-Percent Depreciation Deduction
Proposed regulations address the new 100-percent depreciation deduction that allows businesses to write off most depreciable business assets in the year they are placed in service.
Background
The Tax Cuts and Jobs Act (TCJA) ( P.L. 115-97) amended Code Sec. 168(k) to increase the percentage of the additional first year depreciation deduction from 50 percent to 100 percent for property acquired after September 27, 2017. It also expanded the property eligible for the additional first year depreciation to include certain used depreciable property and certain film, television, or live theatrical productions.
Generally, the 100-percent depreciation deduction generally applies to depreciable business assets with a recovery period of 20 years or less and certain other property. Such assets include in part machinery, equipment, computers, appliances, and furniture.
The proposed regulations provide guidance on what property qualifies for the deduction, and rules for qualified film, television, live theatrical productions and certain plants.
QUESTION From Dale
I recently ran an update to Windows 10
only to find that as a result
none of my software package like Excel Word and your Tenant Tracking program work now.
PC guy had to rebuild my system OS and now
I can’t get in to my company on tenant tracking
because it does not recognize the Administrator Password I had for Quickbooks.
I contacted Intuit to see if they could help my reset the password to get back in but were no help.
They said the Quickbooks PRO 2007 (Dale, this is almost 14 years old!) was outdated and the only thing I could do is update to Quickbooks PRO Desktop 2019.
If I were to do that would your Tenant Tracking software still work and access the data files I have already built and been using up to this point?
QuickBooks Tax Time Documents
How To Go 100% Paperless as You Receive Important Tax Documents
then simply email your QuickBooks Pro file to your CPA.
The Only Complete System for Real Estate using QuickBooks Pro
49 min video
How to Create – Print or Email Statements to Your Tenants or Loan Customers
2 minute video
How to Enter a New Tenant properly into Tenant Tracking
11 min video
Question from Marietta Grimes:
Mike, when I am creating statements, a DUE DATE appears in the description area on every statement charge. How Do I Remove This?
Thanks
Marietta