On Fri, 22 Feb 2019 16:41:38 -0500, Ed Pawlowski > wrote:

>On 2/22/2019 4:06 PM, Janet wrote:
>> In article >,
>> says...
>>>
>>> On Friday, February 22, 2019 at 1:30:19 PM UTC-6, Sqwertz wrote:
>>>> On Wed, 20 Feb 2019 11:47:02 -0800 (PST), John Kuthe wrote:
>>>>
>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>
>>>>> John Kuthe, KutheChocolates.com...
>>>>
>>>> I thought they lasted forever in the fridge?
>>>>
>>>> All that trouble, all that money, that $300 hot plate, that puts
>>>> Kuthe Chocolate about $1,800 in the hole in less than 3 months
>>>> (assuming you make minimum wage). Would you consider a buyout?
>>>>
>>>> How that grow tent doing? How are your housemates going to feel
>>>> about you growing pot in their home?
>>>>
>>>> -sw
>>>
>>> I'm so wealthy, I have MONEY TO BURN!! Seriously!! I just got another BIG check for my inheritance I didn't even expect! Now I'm EVEN WEALTHIER!! I can now afford to almost pay off my Discover Card balance which I've run up over 2018 and NOT WORKING YET! That's right KIDS!! I owe NO Income Tax in 2018 because I did NOT HAVE ANY INCOME in 2018!! None! Zero! Nix! Nada!
>>
>> Rent is taxable income.
>>
>> Janet UK
>>
>So? It does not mean he had income if expenses exceed income, very easy
>to do with any new business.

Really? Now you're telling me!

On Thursday, February 21, 2019 at 2:32:31 PM UTC-10, Alex wrote:
>
> I pay a lot in taxes and believe everyone should pay their fair share,
> too. What's wrong with that?

Nobody give a shit about some guy making candy in his kitchen. In the scheme of things, that's so incredibly unimportant. OTOH, thank you for paying your fair share. My guess is that the POTUS thinks yoose guys are big schmucks.

https://www.bloomberg.com/news/artic...mp-pardons-him

On Friday, February 22, 2019 at 3:12:25 PM UTC-5, John Kuthe wrote:
> On Friday, February 22, 2019 at 1:30:19 PM UTC-6, Sqwertz wrote:
> > On Wed, 20 Feb 2019 11:47:02 -0800 (PST), John Kuthe wrote:
> >
> > > All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
> > >
> > > John Kuthe, KutheChocolates.com...
> >
> > I thought they lasted forever in the fridge?
> >
> > All that trouble, all that money, that $300 hot plate, that puts
> > Kuthe Chocolate about $1,800 in the hole in less than 3 months
> > (assuming you make minimum wage). Would you consider a buyout?
> >
> > How that grow tent doing? How are your housemates going to feel
> > about you growing pot in their home?
> >
> > -sw
>
> I'm so wealthy, I have MONEY TO BURN!! Seriously!! I just got another BIG check for my inheritance I didn't even expect! Now I'm EVEN WEALTHIER!! I can now afford to almost pay off my Discover Card balance

You're wealthy and you can "almost" pay off your Discover Card balance?

The banking system is making a ton off of you.

Cindy Hamilton

On 2/22/2019 5:11 PM, Bruce wrote:
> On Fri, 22 Feb 2019 16:41:38 -0500, Ed Pawlowski > wrote:
>
>> On 2/22/2019 4:06 PM, Janet wrote:
>>> In article >,
>>> says...
>>>>
>>>> On Friday, February 22, 2019 at 1:30:19 PM UTC-6, Sqwertz wrote:
>>>>> On Wed, 20 Feb 2019 11:47:02 -0800 (PST), John Kuthe wrote:
>>>>>
>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>
>>>>>> John Kuthe, KutheChocolates.com...
>>>>>
>>>>> I thought they lasted forever in the fridge?
>>>>>
>>>>> All that trouble, all that money, that $300 hot plate, that puts
>>>>> Kuthe Chocolate about $1,800 in the hole in less than 3 months
>>>>> (assuming you make minimum wage). Would you consider a buyout?
>>>>>
>>>>> How that grow tent doing? How are your housemates going to feel
>>>>> about you growing pot in their home?
>>>>>
>>>>> -sw
>>>>
>>>> I'm so wealthy, I have MONEY TO BURN!! Seriously!! I just got another BIG check for my inheritance I didn't even expect! Now I'm EVEN WEALTHIER!! I can now afford to almost pay off my Discover Card balance which I've run up over 2018 and NOT WORKING YET! That's right KIDS!! I owe NO Income Tax in 2018 because I did NOT HAVE ANY INCOME in 2018!! None! Zero! Nix! Nada!
>>>
>>> Rent is taxable income.
>>>
>>> Janet UK
>>>
>> So? It does not mean he had income if expenses exceed income, very easy
>> to do with any new business.
>
> Really? Now you're telling me!
>

Under our tax laws I think you can go about 4 years. After that, the
IRS considers you a hobby, not a business. Mostly is is part time auto
mechanics and photographers buying new equipment and writing it off.

Renovating a house to make it available to rent to a few roomers is an
easy one for any accountant to handle.

On Friday, February 22, 2019 at 4:42:38 PM UTC-6, Cindy Hamilton wrote:
....
>
> You're wealthy and you can "almost" pay off your Discover Card balance?
>
> The banking system is making a ton off of you.
>
> Cindy Hamilton

BULLSHIT!! Every wealthy NOT FOR PROFIT corporation uses credit/debt responsibly. And I as that NOT FOR PROFIT CORPORATION (if Corporations are People then conversely People are Corporations too! It's BIJECTIVE, an Identity if you will! says SCOTUS!) am using my credit responsibly!

I always make more than the Min Payment, and that helps lower my interest!

Damn I'm good! :-) No WONDER I'm wealthy!

John Kuthe...

On Friday, February 22, 2019 at 5:58:57 PM UTC-6, John Kuthe wrote:
>
> I always make more than the Min Payment, and that helps lower my interest!
>
> Damn I'm good! :-) No WONDER I'm wealthy!
>
> John Kuthe€¦
>
I pay my credit cards off each month therefore I pay NO, NONE, NADA, ZIP, ZILCH
in interest. So I guess that makes me astoundingly wealthy.

On Fri, 22 Feb 2019 18:56:20 -0500, Ed Pawlowski > wrote:

>On 2/22/2019 5:11 PM, Bruce wrote:
>> On Fri, 22 Feb 2019 16:41:38 -0500, Ed Pawlowski > wrote:
>>
>>> On 2/22/2019 4:06 PM, Janet wrote:
>>>> In article >,
>>>> says...
>>>>>
>>>>> On Friday, February 22, 2019 at 1:30:19 PM UTC-6, Sqwertz wrote:
>>>>>> On Wed, 20 Feb 2019 11:47:02 -0800 (PST), John Kuthe wrote:
>>>>>>
>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>>
>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>
>>>>>> I thought they lasted forever in the fridge?
>>>>>>
>>>>>> All that trouble, all that money, that $300 hot plate, that puts
>>>>>> Kuthe Chocolate about $1,800 in the hole in less than 3 months
>>>>>> (assuming you make minimum wage). Would you consider a buyout?
>>>>>>
>>>>>> How that grow tent doing? How are your housemates going to feel
>>>>>> about you growing pot in their home?
>>>>>>
>>>>>> -sw
>>>>>
>>>>> I'm so wealthy, I have MONEY TO BURN!! Seriously!! I just got another BIG check for my inheritance I didn't even expect! Now I'm EVEN WEALTHIER!! I can now afford to almost pay off my Discover Card balance which I've run up over 2018 and NOT WORKING YET! That's right KIDS!! I owe NO Income Tax in 2018 because I did NOT HAVE ANY INCOME in 2018!! None! Zero! Nix! Nada!
>>>>
>>>> Rent is taxable income.
>>>>
>>>> Janet UK
>>>>
>>> So? It does not mean he had income if expenses exceed income, very easy
>>> to do with any new business.
>>
>> Really? Now you're telling me!
>>
>
>Under our tax laws I think you can go about 4 years. After that, the
>IRS considers you a hobby, not a business. Mostly is is part time auto
>mechanics and photographers buying new equipment and writing it off.
>
>Renovating a house to make it available to rent to a few roomers is an
>easy one for any accountant to handle.

I guess I don't have any serious expenses. May biggest expense is a
new computer every 5 years.

On Sat, 23 Feb 2019 00:47:30 GMT, Pamela >
wrote:

>On 23:58 22 Feb 2019, John Kuthe > wrote:
>
>> On Friday, February 22, 2019 at 4:42:38 PM UTC-6, Cindy Hamilton wrote:
>> ...
>>>
>>> You're wealthy and you can "almost" pay off your Discover Card balance?
>>>
>>> The banking system is making a ton off of you.
>>>
>>> Cindy Hamilton
>>
>> BULLSHIT!! Every wealthy NOT FOR PROFIT corporation uses credit/debt
>> responsibly. And I as that NOT FOR PROFIT CORPORATION (if Corporations
>> are People then conversely People are Corporations too! It's BIJECTIVE,
>> an Identity if you will! says SCOTUS!) am using my credit responsibly!
>>
>> I always make more than the Min Payment, and that helps lower my
>> interest!
>>
>> Damn I'm good! :-) No WONDER I'm wealthy!
>>
>> John Kuthe...
>
>If you're welathy, why don't you just buy some chocolate cherries, instead
>of making them and then throwing them away?

There's a certain Zen element to it. Putting all this effort into
making good chocolates and then dumping them in the bin.

Bruce wrote:
> On Thu, 21 Feb 2019 19:32:22 -0500, Alex > wrote:
>
>> Bruce wrote:
>>> On Wed, 20 Feb 2019 19:24:10 -0500, Alex > wrote:
>>>
>>>> John Kuthe wrote:
>>>>> On Wednesday, February 20, 2019 at 2:10:05 PM UTC-6, tert in seattle wrote:
>>>>>> writes:
>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>>
>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>> so did you got zero MPG, or negative MPG from the hauling of this stuff
>>>>>> around to end up in the dump?
>>>>> ??? I just threw it in the existing partially full garbage can in my bedroom with a trash can liner in it and pitched it out with the garbage pickup this afternoon.
>>>>>
>>>>> I ate one, it was a LOT of great chocolate and one wish-it-had-not-leaked cherry! Oh well, I can always make 'em again!
>>>>>
>>>>> John Kuthe, KutheChocolates.com...
>>>> At least there is no candy income to declare. Have you gathered your
>>>> rental income receipts from 2018 yet?
>>> Do you dream of tax inspectors?
>> I pay a lot in taxes and believe everyone should pay their fair share,
>> too. What's wrong with that?
> You're obsessed.

No, the less other people pay, the more I pay as time goes on. John
doesn't believe he has to pay taxes on all of his income. As a
socialist Sanders fan I'm not surprised.

John Kuthe wrote:
> On Friday, February 22, 2019 at 1:30:19 PM UTC-6, Sqwertz wrote:
>> On Wed, 20 Feb 2019 11:47:02 -0800 (PST), John Kuthe wrote:
>>
>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>
>>> John Kuthe, KutheChocolates.com...
>> I thought they lasted forever in the fridge?
>>
>> All that trouble, all that money, that $300 hot plate, that puts
>> Kuthe Chocolate about $1,800 in the hole in less than 3 months
>> (assuming you make minimum wage). Would you consider a buyout?
>>
>> How that grow tent doing? How are your housemates going to feel
>> about you growing pot in their home?
>>
>> -sw
> I'm so wealthy, I have MONEY TO BURN!! Seriously!! I just got another BIG check for my inheritance I didn't even expect! Now I'm EVEN WEALTHIER!! I can now afford to almost pay off my Discover Card balance which I've run up over 2018 and NOT WORKING YET! That's right KIDS!! I owe NO Income Tax in 2018 because I did NOT HAVE ANY INCOME in 2018!! None! Zero! Nix! Nada!
>
> I'm so wealthy I do not have to have an income! Now THAT is wealthy!! :-)
>
> John Kuthe, KutheChocolates.com...

This can't be real.

Ed Pawlowski wrote:
> On 2/22/2019 4:06 PM, Janet wrote:
>> In article >,
>> says...
>>>
>>> On Friday, February 22, 2019 at 1:30:19 PM UTC-6, Sqwertz wrote:
>>>> On Wed, 20 Feb 2019 11:47:02 -0800 (PST), John Kuthe wrote:
>>>>
>>>>> All my other Christmas Candy is a lot more durable! :-) But I
>>>>> would not sell it.
>>>>>
>>>>> John Kuthe, KutheChocolates.com...
>>>>
>>>> I thought they lasted forever in the fridge?
>>>>
>>>> All that trouble, all that money, that $300 hot plate, that puts
>>>> Kuthe Chocolate about $1,800 in the hole in less than 3 months
>>>> (assuming you make minimum wage). Would you consider a buyout?
>>>>
>>>> How that grow tent doing? How are your housemates going to feel
>>>> about you growing pot in their home?
>>>>
>>>> -sw
>>>
>>> I'm so wealthy, I have MONEY TO BURN!! Seriously!! I just got
>>> another BIG check for my inheritance I didn't even expect! Now I'm
>>> EVEN WEALTHIER!! I can now afford to almost pay off my Discover Card
>>> balance which I've run up over 2018 and NOT WORKING YET! That's
>>> right KIDS!! I owe NO Income Tax in 2018 because I did NOT HAVE ANY
>>> INCOME in 2018!! None! Zero! Nix! Nada!
>>
>> Rent is taxable income.
>>
>> Janet UK
>>
> So? It does not mean he had income if expenses exceed income, very
> easy to do with any new business.

No so much with rental income.

dsi1 wrote:
> On Thursday, February 21, 2019 at 2:32:31 PM UTC-10, Alex wrote:
>> I pay a lot in taxes and believe everyone should pay their fair share,
>> too. What's wrong with that?
> Nobody give a shit about some guy making candy in his kitchen. In the scheme of things, that's so incredibly unimportant. OTOH, thank you for paying your fair share. My guess is that the POTUS thinks yoose guys are big schmucks.
>
> https://www.bloomberg.com/news/artic...mp-pardons-him

Your sock puppet has been exposed.

On Friday, February 22, 2019 at 3:13:30 PM UTC-10, Bruce wrote:
>
> I guess I don't have any serious expenses. May biggest expense is a
> new computer every 5 years.

I taught my kids to put computers together long ago. My son sold his 5 year old computer recently for 500 bucks. That was rather shocking to me. Also shocking is that he's built a new one. He builds gaming computers so this one is about as fast as they come. Unfortunately, he has to use Windows 10 to play games. It's seriously overpriced at 120 bucks. I look forward to the day when he will be able to forego Windows.

On Friday, February 22, 2019 at 3:56:08 PM UTC-10, Alex wrote:
> dsi1 wrote:
> > On Thursday, February 21, 2019 at 2:32:31 PM UTC-10, Alex wrote:
> >> I pay a lot in taxes and believe everyone should pay their fair share,
> >> too. What's wrong with that?
> > Nobody give a shit about some guy making candy in his kitchen. In the scheme of things, that's so incredibly unimportant. OTOH, thank you for paying your fair share. My guess is that the POTUS thinks yoose guys are big schmucks.
> >
> > https://www.bloomberg.com/news/artic...mp-pardons-him
>
> Your sock puppet has been exposed.

Okay, I'll bite. Go on...

John Kuthe wrote:
> On Friday, February 22, 2019 at 4:42:38 PM UTC-6, Cindy Hamilton wrote:
> ...
>> You're wealthy and you can "almost" pay off your Discover Card balance?
>>
>> The banking system is making a ton off of you.
>>
>> Cindy Hamilton
> BULLSHIT!! Every wealthy NOT FOR PROFIT corporation uses credit/debt responsibly. And I as that NOT FOR PROFIT CORPORATION (if Corporations are People then conversely People are Corporations too! It's BIJECTIVE, an Identity if you will! says SCOTUS!) am using my credit responsibly!
>
> I always make more than the Min Payment, and that helps lower my interest!
>
> Damn I'm good! :-) No WONDER I'm wealthy!
>
> John Kuthe...
>

Paying interest is not something wealthy people do. They are paid
interest for loaning money or their deposits.

On Fri, 22 Feb 2019 20:51:15 -0500, Alex > wrote:

>Bruce wrote:
>> On Thu, 21 Feb 2019 19:32:22 -0500, Alex > wrote:
>>
>>> Bruce wrote:
>>>> On Wed, 20 Feb 2019 19:24:10 -0500, Alex > wrote:
>>>>
>>>>> John Kuthe wrote:
>>>>>> On Wednesday, February 20, 2019 at 2:10:05 PM UTC-6, tert in seattle wrote:
>>>>>>> writes:
>>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>>>
>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>> so did you got zero MPG, or negative MPG from the hauling of this stuff
>>>>>>> around to end up in the dump?
>>>>>> ??? I just threw it in the existing partially full garbage can in my bedroom with a trash can liner in it and pitched it out with the garbage pickup this afternoon.
>>>>>>
>>>>>> I ate one, it was a LOT of great chocolate and one wish-it-had-not-leaked cherry! Oh well, I can always make 'em again!
>>>>>>
>>>>>> John Kuthe, KutheChocolates.com...
>>>>> At least there is no candy income to declare. Have you gathered your
>>>>> rental income receipts from 2018 yet?
>>>> Do you dream of tax inspectors?
>>> I pay a lot in taxes and believe everyone should pay their fair share,
>>> too. What's wrong with that?
>> You're obsessed.
>
>No, the less other people pay, the more I pay as time goes on. John
>doesn't believe he has to pay taxes on all of his income. As a
>socialist Sanders fan I'm not surprised.

Go after the big tax dodging corporations. That would make a real
difference (and is something Sanders wants to do).

On Friday, February 22, 2019 at 10:12:25 AM UTC-10, John Kuthe wrote:
> On Friday, February 22, 2019 at 1:30:19 PM UTC-6, Sqwertz wrote:
> > On Wed, 20 Feb 2019 11:47:02 -0800 (PST), John Kuthe wrote:
> >
> > > All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
> > >
> > > John Kuthe, KutheChocolates.com...
> >
> > I thought they lasted forever in the fridge?
> >
> > All that trouble, all that money, that $300 hot plate, that puts
> > Kuthe Chocolate about $1,800 in the hole in less than 3 months
> > (assuming you make minimum wage). Would you consider a buyout?
> >
> > How that grow tent doing? How are your housemates going to feel
> > about you growing pot in their home?
> >
> > -sw
>
> I'm so wealthy, I have MONEY TO BURN!! Seriously!! I just got another BIG check for my inheritance I didn't even expect! Now I'm EVEN WEALTHIER!! I can now afford to almost pay off my Discover Card balance which I've run up over 2018 and NOT WORKING YET! That's right KIDS!! I owe NO Income Tax in 2018 because I did NOT HAVE ANY INCOME in 2018!! None! Zero! Nix! Nada!
>
> I'm so wealthy I do not have to have an income! Now THAT is wealthy!! :-)
>
> John Kuthe, KutheChocolates.com...

Discover is great, ain't it?!

https://www.youtube.com/watch?v=Z7yi4LMy1tM

On Friday, February 22, 2019 at 6:13:17 PM UTC-6, wrote:
> On Friday, February 22, 2019 at 5:58:57 PM UTC-6, John Kuthe wrote:
> >
> > I always make more than the Min Payment, and that helps lower my interest!
> >
> > Damn I'm good! :-) No WONDER I'm wealthy!
> >
> > John Kuthe€¦
> >
> I pay my credit cards off each month therefore I pay NO, NONE, NADA, ZIP, ZILCH
> in interest. So I guess that makes me astoundingly wealthy.

I did that in 2017, when I WAS ASTOUNDLY WEALTHY while I was renovating this house!

Now I'm merely very wealthy!

John Kuthe, CooperativeCorporationsSTL.ORG (not a website YET!)

On 2/22/2019 9:03 PM, Bruce wrote:
> On Fri, 22 Feb 2019 20:51:15 -0500, Alex > wrote:
>
>> Bruce wrote:
>>> On Thu, 21 Feb 2019 19:32:22 -0500, Alex > wrote:
>>>
>>>> Bruce wrote:
>>>>> On Wed, 20 Feb 2019 19:24:10 -0500, Alex > wrote:
>>>>>
>>>>>> John Kuthe wrote:
>>>>>>> On Wednesday, February 20, 2019 at 2:10:05 PM UTC-6, tert in seattle wrote:
>>>>>>>> writes:
>>>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>>>>
>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>> so did you got zero MPG, or negative MPG from the hauling of this stuff
>>>>>>>> around to end up in the dump?
>>>>>>> ??? I just threw it in the existing partially full garbage can in my bedroom with a trash can liner in it and pitched it out with the garbage pickup this afternoon.
>>>>>>>
>>>>>>> I ate one, it was a LOT of great chocolate and one wish-it-had-not-leaked cherry! Oh well, I can always make 'em again!
>>>>>>>
>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>> At least there is no candy income to declare. Have you gathered your
>>>>>> rental income receipts from 2018 yet?
>>>>> Do you dream of tax inspectors?
>>>> I pay a lot in taxes and believe everyone should pay their fair share,
>>>> too. What's wrong with that?
>>> You're obsessed.
>>
>> No, the less other people pay, the more I pay as time goes on. John
>> doesn't believe he has to pay taxes on all of his income. As a
>> socialist Sanders fan I'm not surprised.
>
> Go after the big tax dodging corporations. That would make a real
> difference (and is something Sanders wants to do).
>
I don't blame the corporations. They are following the laws as they
should. I blame Congress for making the laws. Change them. The
problem is the congresspeople are owned by donors.

I take every deduction I can. Perfectly legal. Got a huge refund this
year too, I just followed the tax laws.

On 2/22/2019 8:54 PM, Alex wrote:
> Ed Pawlowski wrote:
>> On 2/22/2019 4:06 PM, Janet wrote:
>>> In article >,
>>> says...
>>>>
>>>> On Friday, February 22, 2019 at 1:30:19 PM UTC-6, Sqwertz wrote:
>>>>> On Wed, 20 Feb 2019 11:47:02 -0800 (PST), John Kuthe wrote:
>>>>>
>>>>>> All my other Christmas Candy is a lot more durable! :-) But I
>>>>>> would not sell it.
>>>>>>
>>>>>> John Kuthe, KutheChocolates.com...
>>>>>
>>>>> I thought they lasted forever in the fridge?
>>>>>
>>>>> All that trouble, all that money, that $300 hot plate, that puts
>>>>> Kuthe Chocolate about $1,800 in the hole in less than 3 months
>>>>> (assuming you make minimum wage).Â* Would you consider a buyout?
>>>>>
>>>>> How that grow tent doing?Â* How are your housemates going to feel
>>>>> about you growing pot in their home?
>>>>>
>>>>> -sw
>>>>
>>>> I'm so wealthy, I have MONEY TO BURN!! Seriously!! I just got
>>>> another BIG check for my inheritance I didn't even expect! Now I'm
>>>> EVEN WEALTHIER!! I can now afford to almost pay off my Discover Card
>>>> balance which I've run up over 2018 and NOT WORKING YET! That's
>>>> right KIDS!! I owe NO Income Tax in 2018 because I did NOT HAVE ANY
>>>> INCOME in 2018!! None! Zero! Nix! Nada!
>>>
>>> Â*Â* Rent isÂ* taxable income.
>>>
>>> Â*Â* Janet UK
>>>
>> So?Â* It does not mean he had income if expenses exceed income, very
>> easy to do with any new business.
>
> No so much with rental income.

Sure there is with all the expense of getting the house in shape.
https://smartasset.com/taxes/rental-...tax-deductions
On top of the finances and responsibilities of your own living space,
you have to find tenants, secure insurance and pay a mortgage and
property taxes. Renting a home can also complicate your personal tax
situation. Luckily, Uncle Sam allows you to deduct some expenses
associated with running a rental property. The IRS stipulates that
deductible expenses must be ordinary and generally accepted in the
rental business, along with being necessary for managing and maintaining
the property.

While home improvements are deductible through depreciation, the tax
code does allow you to deduct certain repair and maintenance costs
separately. The big difference is that these efforts keep your property
in rentable condition, but do not add significant value. Think painting,
tuning the plumbing, cleaning HVAC filters, spraying for pests and
landscaping.

On Sat, 23 Feb 2019 00:22:19 -0500, Ed Pawlowski > wrote:

>On 2/22/2019 9:03 PM, Bruce wrote:
>> On Fri, 22 Feb 2019 20:51:15 -0500, Alex > wrote:
>>
>>> Bruce wrote:
>>>> On Thu, 21 Feb 2019 19:32:22 -0500, Alex > wrote:
>>>>
>>>>> Bruce wrote:
>>>>>> On Wed, 20 Feb 2019 19:24:10 -0500, Alex > wrote:
>>>>>>
>>>>>>> John Kuthe wrote:
>>>>>>>> On Wednesday, February 20, 2019 at 2:10:05 PM UTC-6, tert in seattle wrote:
>>>>>>>>> writes:
>>>>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>>>>>
>>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>>> so did you got zero MPG, or negative MPG from the hauling of this stuff
>>>>>>>>> around to end up in the dump?
>>>>>>>> ??? I just threw it in the existing partially full garbage can in my bedroom with a trash can liner in it and pitched it out with the garbage pickup this afternoon.
>>>>>>>>
>>>>>>>> I ate one, it was a LOT of great chocolate and one wish-it-had-not-leaked cherry! Oh well, I can always make 'em again!
>>>>>>>>
>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>> At least there is no candy income to declare. Have you gathered your
>>>>>>> rental income receipts from 2018 yet?
>>>>>> Do you dream of tax inspectors?
>>>>> I pay a lot in taxes and believe everyone should pay their fair share,
>>>>> too. What's wrong with that?
>>>> You're obsessed.
>>>
>>> No, the less other people pay, the more I pay as time goes on. John
>>> doesn't believe he has to pay taxes on all of his income. As a
>>> socialist Sanders fan I'm not surprised.
>>
>> Go after the big tax dodging corporations. That would make a real
>> difference (and is something Sanders wants to do).
>>
>I don't blame the corporations. They are following the laws as they
>should. I blame Congress for making the laws. Change them. The
>problem is the congresspeople are owned by donors.

Yes. We should vote for politicians who are not on the take and who
want to change these things. That's not Trump and also not H. Clinton.
This problem isn't limited to the US, by the way.

>I take every deduction I can. Perfectly legal. Got a huge refund this
>year too, I just followed the tax laws.

Yes, why not.

On Friday, February 22, 2019 at 6:58:57 PM UTC-5, John Kuthe wrote:
> On Friday, February 22, 2019 at 4:42:38 PM UTC-6, Cindy Hamilton wrote:
> ...
> >
> > You're wealthy and you can "almost" pay off your Discover Card balance?
> >
> > The banking system is making a ton off of you.
> >
> > Cindy Hamilton
>
> BULLSHIT!! Every wealthy NOT FOR PROFIT corporation uses credit/debt responsibly. And I as that NOT FOR PROFIT CORPORATION (if Corporations are People then conversely People are Corporations too! It's BIJECTIVE, an Identity if you will! says SCOTUS!) am using my credit responsibly!
>
> I always make more than the Min Payment, and that helps lower my interest!
>
> Damn I'm good! :-) No WONDER I'm wealthy!
>
> John Kuthe...

Yet you're paying interest to the evil banking system. That's irresponsible.

Cindy Hamilton

On 2/22/2019 7:13 PM, wrote:
> On Friday, February 22, 2019 at 5:58:57 PM UTC-6, John Kuthe wrote:
>>
>> I always make more than the Min Payment, and that helps lower my interest!
>>
>> Damn I'm good! :-) No WONDER I'm wealthy!
>>
>> John Kuthe€¦
>>
> I pay my credit cards off each month therefore I pay NO, NONE, NADA, ZIP, ZILCH
> in interest. So I guess that makes me astoundingly wealthy.
>
Gosh! I must be really wealthy, too...

S Viemeister wrote:
>
> On 2/22/2019 7:13 PM, wrote:
> > On Friday, February 22, 2019 at 5:58:57 PM UTC-6, John Kuthe wrote:
> >>
> >> I always make more than the Min Payment, and that helps lower my interest!
> >>
> >> Damn I'm good! :-) No WONDER I'm wealthy!
> >>
> >> John Kuthe€¦
> >>
> > I pay my credit cards off each month therefore I pay NO, NONE, NADA, ZIP, ZILCH
> > in interest. So I guess that makes me astoundingly wealthy.
> >
> Gosh! I must be really wealthy, too...

John-boy is certainly redefining wealth here. :-D

On Saturday, February 23, 2019 at 5:22:59 AM UTC-6, Cindy Hamilton wrote:
> On Friday, February 22, 2019 at 6:58:57 PM UTC-5, John Kuthe wrote:
> > On Friday, February 22, 2019 at 4:42:38 PM UTC-6, Cindy Hamilton wrote:
> > ...
> > >
> > > You're wealthy and you can "almost" pay off your Discover Card balance?
> > >
> > > The banking system is making a ton off of you.
> > >
> > > Cindy Hamilton
> >
> > BULLSHIT!! Every wealthy NOT FOR PROFIT corporation uses credit/debt responsibly. And I as that NOT FOR PROFIT CORPORATION (if Corporations are People then conversely People are Corporations too! It's BIJECTIVE, an Identity if you will! says SCOTUS!) am using my credit responsibly!
> >
> > I always make more than the Min Payment, and that helps lower my interest!
> >
> > Damn I'm good! :-) No WONDER I'm wealthy!
> >
> > John Kuthe...
>
> Yet you're paying interest to the evil banking system. That's irresponsible.
>
> Cindy Hamilton

Well maybe, but back in 1989 when my Ex and I split up and SHE walked away from all our marital debt, I went to Consumer Credit Counseling Service and they worked out a lowered repayment schedule with OUR several credit cards, and Discover was the ONLY card to drop all interest and allowed me to pay off OUR balance principle ONLY!

Which is why NOW my Discover card is the ONLY credit I use! Evil? Maybe, but more GOOD than any other credit cards WE had!! And no my use of MY credit is NOT evil as long as I manage it responsibly. A credit line is not evil, like a gun which by itself can kill. But if used IRRESPONSIBLY can kill! Guns can kill physically, misuse of credit can kill FINANCIALLY!!

John Kuthe...

On 2/23/2019 12:35 AM, Bruce wrote:
> On Sat, 23 Feb 2019 00:22:19 -0500, Ed Pawlowski > wrote:
>
>> On 2/22/2019 9:03 PM, Bruce wrote:
>>> On Fri, 22 Feb 2019 20:51:15 -0500, Alex > wrote:
>>>
>>>> Bruce wrote:
>>>>> On Thu, 21 Feb 2019 19:32:22 -0500, Alex > wrote:
>>>>>
>>>>>> Bruce wrote:
>>>>>>> On Wed, 20 Feb 2019 19:24:10 -0500, Alex > wrote:
>>>>>>>
>>>>>>>> John Kuthe wrote:
>>>>>>>>> On Wednesday, February 20, 2019 at 2:10:05 PM UTC-6, tert in seattle wrote:
>>>>>>>>>> writes:
>>>>>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>>>>>>
>>>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>>>> so did you got zero MPG, or negative MPG from the hauling of this stuff
>>>>>>>>>> around to end up in the dump?
>>>>>>>>> ??? I just threw it in the existing partially full garbage can in my bedroom with a trash can liner in it and pitched it out with the garbage pickup this afternoon.
>>>>>>>>>
>>>>>>>>> I ate one, it was a LOT of great chocolate and one wish-it-had-not-leaked cherry! Oh well, I can always make 'em again!
>>>>>>>>>
>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>> At least there is no candy income to declare. Have you gathered your
>>>>>>>> rental income receipts from 2018 yet?
>>>>>>> Do you dream of tax inspectors?
>>>>>> I pay a lot in taxes and believe everyone should pay their fair share,
>>>>>> too. What's wrong with that?
>>>>> You're obsessed.
>>>>
>>>> No, the less other people pay, the more I pay as time goes on. John
>>>> doesn't believe he has to pay taxes on all of his income. As a
>>>> socialist Sanders fan I'm not surprised.
>>>
>>> Go after the big tax dodging corporations. That would make a real
>>> difference (and is something Sanders wants to do).
>>>
>> I don't blame the corporations. They are following the laws as they
>> should. I blame Congress for making the laws. Change them. The
>> problem is the congresspeople are owned by donors.
>
> Yes. We should vote for politicians who are not on the take and who
> want to change these things. That's not Trump and also not H. Clinton.
> This problem isn't limited to the US, by the way.
>
>> I take every deduction I can. Perfectly legal. Got a huge refund this
>> year too, I just followed the tax laws.
>
> Yes, why not.
>

The other factor, taxing corporations makes the little guy feel good
because the evil corporation is paying and they are not. No corporation
pays taxes. They pass that cost onto the customer.

If the government put a tax on wheat used in bread, people would cheer.
Then be bewildered when the price of bread goes up.

On Saturday, February 23, 2019 at 8:41:14 AM UTC-5, John Kuthe wrote:
> On Saturday, February 23, 2019 at 5:22:59 AM UTC-6, Cindy Hamilton wrote:
> > On Friday, February 22, 2019 at 6:58:57 PM UTC-5, John Kuthe wrote:
> > > On Friday, February 22, 2019 at 4:42:38 PM UTC-6, Cindy Hamilton wrote:
> > > ...
> > > >
> > > > You're wealthy and you can "almost" pay off your Discover Card balance?
> > > >
> > > > The banking system is making a ton off of you.
> > > >
> > > > Cindy Hamilton
> > >
> > > BULLSHIT!! Every wealthy NOT FOR PROFIT corporation uses credit/debt responsibly. And I as that NOT FOR PROFIT CORPORATION (if Corporations are People then conversely People are Corporations too! It's BIJECTIVE, an Identity if you will! says SCOTUS!) am using my credit responsibly!
> > >
> > > I always make more than the Min Payment, and that helps lower my interest!
> > >
> > > Damn I'm good! :-) No WONDER I'm wealthy!
> > >
> > > John Kuthe...
> >
> > Yet you're paying interest to the evil banking system. That's irresponsible.
> >
> > Cindy Hamilton
>
> Well maybe, but back in 1989 when my Ex and I split up and SHE walked away from all our marital debt, I went to Consumer Credit Counseling Service and they worked out a lowered repayment schedule with OUR several credit cards, and Discover was the ONLY card to drop all interest and allowed me to pay off OUR balance principle ONLY!
>
> Which is why NOW my Discover card is the ONLY credit I use! Evil? Maybe, but more GOOD than any other credit cards WE had!! And no my use of MY credit is NOT evil as long as I manage it responsibly. A credit line is not evil, like a gun which by itself can kill. But if used IRRESPONSIBLY can kill! Guns can kill physically, misuse of credit can kill FINANCIALLY!!
>
> John Kuthe...

Fine. Pay your money to the banking system. I would have thought you wouldn't
want to support them.

Cindy Hamilton

On Saturday, February 23, 2019 at 9:14:23 AM UTC-6, Cindy Hamilton wrote:
....
> You're deluded if you think the people own this country. Your "revolution"
> is sound and fury, signifying nothing.
>
> Cindy Hamilton

YOU will die before WE DO!!

https://www.ted.com/talks/greta_thun...w _on_climate

John Kuthe, Climate Activist...

On Saturday, February 23, 2019 at 9:12:21 AM UTC-6, Cindy Hamilton wrote:
....
>
> Fine. Pay your money to the banking system. I would have thought you wouldn't
> want to support them.
>
> Cindy Hamilton

And another reason I love my Discover card! I buy my CBD oil via LazarusNaturals.com and THEY TAKE Discover as payments! And I JUST ordered another backup 120ml bottle of 1800mg CBD oil for my Cuppa Plus'!

John Kuthe,RN, BSN, Cannabis Nurse!

On Sat, 23 Feb 2019 08:48:06 -0500, Ed Pawlowski > wrote:

>On 2/23/2019 12:35 AM, Bruce wrote:
>> On Sat, 23 Feb 2019 00:22:19 -0500, Ed Pawlowski > wrote:
>>
>>> On 2/22/2019 9:03 PM, Bruce wrote:
>>>> On Fri, 22 Feb 2019 20:51:15 -0500, Alex > wrote:
>>>>
>>>>> Bruce wrote:
>>>>>> On Thu, 21 Feb 2019 19:32:22 -0500, Alex > wrote:
>>>>>>
>>>>>>> Bruce wrote:
>>>>>>>> On Wed, 20 Feb 2019 19:24:10 -0500, Alex > wrote:
>>>>>>>>
>>>>>>>>> John Kuthe wrote:
>>>>>>>>>> On Wednesday, February 20, 2019 at 2:10:05 PM UTC-6, tert in seattle wrote:
>>>>>>>>>>> writes:
>>>>>>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>>>>>>>
>>>>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>>>>> so did you got zero MPG, or negative MPG from the hauling of this stuff
>>>>>>>>>>> around to end up in the dump?
>>>>>>>>>> ??? I just threw it in the existing partially full garbage can in my bedroom with a trash can liner in it and pitched it out with the garbage pickup this afternoon.
>>>>>>>>>>
>>>>>>>>>> I ate one, it was a LOT of great chocolate and one wish-it-had-not-leaked cherry! Oh well, I can always make 'em again!
>>>>>>>>>>
>>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>>> At least there is no candy income to declare. Have you gathered your
>>>>>>>>> rental income receipts from 2018 yet?
>>>>>>>> Do you dream of tax inspectors?
>>>>>>> I pay a lot in taxes and believe everyone should pay their fair share,
>>>>>>> too. What's wrong with that?
>>>>>> You're obsessed.
>>>>>
>>>>> No, the less other people pay, the more I pay as time goes on. John
>>>>> doesn't believe he has to pay taxes on all of his income. As a
>>>>> socialist Sanders fan I'm not surprised.
>>>>
>>>> Go after the big tax dodging corporations. That would make a real
>>>> difference (and is something Sanders wants to do).
>>>>
>>> I don't blame the corporations. They are following the laws as they
>>> should. I blame Congress for making the laws. Change them. The
>>> problem is the congresspeople are owned by donors.
>>
>> Yes. We should vote for politicians who are not on the take and who
>> want to change these things. That's not Trump and also not H. Clinton.
>> This problem isn't limited to the US, by the way.
>>
>>> I take every deduction I can. Perfectly legal. Got a huge refund this
>>> year too, I just followed the tax laws.
>>
>> Yes, why not.
>>
>
>The other factor, taxing corporations makes the little guy feel good
>because the evil corporation is paying and they are not. No corporation
>pays taxes. They pass that cost onto the customer.
>
>If the government put a tax on wheat used in bread, people would cheer.
>Then be bewildered when the price of bread goes up.

Those price rises would be limited by competition. Corporations should
pay taxes. That has nothing to do with "the little guy feeling good".

On 2/23/2019 1:29 PM, Bruce wrote:
> On Sat, 23 Feb 2019 08:48:06 -0500, Ed Pawlowski > wrote:
>
>> On 2/23/2019 12:35 AM, Bruce wrote:
>>> On Sat, 23 Feb 2019 00:22:19 -0500, Ed Pawlowski > wrote:
>>>
>>>> On 2/22/2019 9:03 PM, Bruce wrote:
>>>>> On Fri, 22 Feb 2019 20:51:15 -0500, Alex > wrote:
>>>>>
>>>>>> Bruce wrote:
>>>>>>> On Thu, 21 Feb 2019 19:32:22 -0500, Alex > wrote:
>>>>>>>
>>>>>>>> Bruce wrote:
>>>>>>>>> On Wed, 20 Feb 2019 19:24:10 -0500, Alex > wrote:
>>>>>>>>>
>>>>>>>>>> John Kuthe wrote:
>>>>>>>>>>> On Wednesday, February 20, 2019 at 2:10:05 PM UTC-6, tert in seattle wrote:
>>>>>>>>>>>> writes:
>>>>>>>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>>>>>>>>
>>>>>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>>>>>> so did you got zero MPG, or negative MPG from the hauling of this stuff
>>>>>>>>>>>> around to end up in the dump?
>>>>>>>>>>> ??? I just threw it in the existing partially full garbage can in my bedroom with a trash can liner in it and pitched it out with the garbage pickup this afternoon.
>>>>>>>>>>>
>>>>>>>>>>> I ate one, it was a LOT of great chocolate and one wish-it-had-not-leaked cherry! Oh well, I can always make 'em again!
>>>>>>>>>>>
>>>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>>>> At least there is no candy income to declare. Have you gathered your
>>>>>>>>>> rental income receipts from 2018 yet?
>>>>>>>>> Do you dream of tax inspectors?
>>>>>>>> I pay a lot in taxes and believe everyone should pay their fair share,
>>>>>>>> too. What's wrong with that?
>>>>>>> You're obsessed.
>>>>>>
>>>>>> No, the less other people pay, the more I pay as time goes on. John
>>>>>> doesn't believe he has to pay taxes on all of his income. As a
>>>>>> socialist Sanders fan I'm not surprised.
>>>>>
>>>>> Go after the big tax dodging corporations. That would make a real
>>>>> difference (and is something Sanders wants to do).
>>>>>
>>>> I don't blame the corporations. They are following the laws as they
>>>> should. I blame Congress for making the laws. Change them. The
>>>> problem is the congresspeople are owned by donors.
>>>
>>> Yes. We should vote for politicians who are not on the take and who
>>> want to change these things. That's not Trump and also not H. Clinton.
>>> This problem isn't limited to the US, by the way.
>>>
>>>> I take every deduction I can. Perfectly legal. Got a huge refund this
>>>> year too, I just followed the tax laws.
>>>
>>> Yes, why not.
>>>
>>
>> The other factor, taxing corporations makes the little guy feel good
>> because the evil corporation is paying and they are not. No corporation
>> pays taxes. They pass that cost onto the customer.
>>
>> If the government put a tax on wheat used in bread, people would cheer.
>> Then be bewildered when the price of bread goes up.
>
> Those price rises would be limited by competition. Corporations should
> pay taxes. That has nothing to do with "the little guy feeling good".
>
I've seen it done many times. The government proposes a tax and the
citizen squawk about it. Then the government says, we're going to only
tax businesses, not you. The citizens are relived because businesses
have lots of money and can afford it.

So, the local gas station gets another penny a gallon, the car dealer
gets another $4 for an oil change, the coffee shop charges another
nickle a cup, but we did not get a tax increase.

If every tire shop in the country has to pay a $1 rubber tax on every
tire sold, where is the competition? They all raise prices and the
consumer pays.

Look at the auto industry. No car maker was able to sell seatbelts as
an option. Few people wanted to pay for them. Along comes a law that
every auto must have seatbelts. They put them in for free right?

On Saturday, February 23, 2019 at 7:17:54 AM UTC-6, S Viemeister wrote:
>
> On 2/22/2019 7:13 PM, wrote:
>
> > On Friday, February 22, 2019 at 5:58:57 PM UTC-6, John Kuthe wrote:
> >>
> >> I always make more than the Min Payment, and that helps lower my interest!
> >>
> >> Damn I'm good! :-) No WONDER I'm wealthy!
> >>
> >> John Kuthe€¦
> >>
> > I pay my credit cards off each month therefore I pay NO, NONE, NADA, ZIP, ZILCH
> > in interest. So I guess that makes me astoundingly wealthy.
> >
> Gosh! I must be really wealthy, too...
>
Yes, we're a rare breed. ;-)

On 2/23/2019 6:42 PM, wrote:
> On Saturday, February 23, 2019 at 7:17:54 AM UTC-6, S Viemeister wrote:
>>
>> On 2/22/2019 7:13 PM, wrote:
>>
>>> On Friday, February 22, 2019 at 5:58:57 PM UTC-6, John Kuthe wrote:
>>>>
>>>> I always make more than the Min Payment, and that helps lower my interest!
>>>>
>>>> Damn I'm good! :-) No WONDER I'm wealthy!
>>>>
>>>> John Kuthe€¦
>>>>
>>> I pay my credit cards off each month therefore I pay NO, NONE, NADA, ZIP, ZILCH
>>> in interest. So I guess that makes me astoundingly wealthy.
>>>
>> Gosh! I must be really wealthy, too...
>>
> Yes, we're a rare breed. ;-)
>
And my credit card company pays me to use their card. Rich as Croesus, I am.

On Saturday, February 23, 2019 at 8:04:18 PM UTC-6, S Viemeister wrote:
>
> On 2/23/2019 6:42 PM, wrote:
>
> > On Saturday, February 23, 2019 at 7:17:54 AM UTC-6, S Viemeister wrote:
> >>
> >>> I pay my credit cards off each month therefore I pay NO, NONE, NADA, ZIP, ZILCH
> >>> in interest. So I guess that makes me astoundingly wealthy.
> >>>
> >> Gosh! I must be really wealthy, too...
> >>
> > Yes, we're a rare breed. ;-)
> >
> And my credit card company pays me to use their card. Rich as Croesus, I am.
>
My two credit cards are rewards cards.

dsi1 wrote:
> On Friday, February 22, 2019 at 3:13:30 PM UTC-10, Bruce wrote:
>> I guess I don't have any serious expenses. May biggest expense is a
>> new computer every 5 years.
> I taught my kids to put computers together long ago. My son sold his 5 year old computer recently for 500 bucks. That was rather shocking to me. Also shocking is that he's built a new one. He builds gaming computers so this one is about as fast as they come. Unfortunately, he has to use Windows 10 to play games. It's seriously overpriced at 120 bucks. I look forward to the day when he will be able to forego Windows.

Linux is free and fast.

dsi1 wrote:
> On Friday, February 22, 2019 at 3:56:08 PM UTC-10, Alex wrote:
>> dsi1 wrote:
>>> On Thursday, February 21, 2019 at 2:32:31 PM UTC-10, Alex wrote:
>>>> I pay a lot in taxes and believe everyone should pay their fair share,
>>>> too. What's wrong with that?
>>> Nobody give a shit about some guy making candy in his kitchen. In the scheme of things, that's so incredibly unimportant. OTOH, thank you for paying your fair share. My guess is that the POTUS thinks yoose guys are big schmucks.
>>>
>>> https://www.bloomberg.com/news/artic...mp-pardons-him
>> Your sock puppet has been exposed.
> Okay, I'll bite. Go on...
OK, "Hank".

Bruce wrote:
> On Fri, 22 Feb 2019 20:51:15 -0500, Alex > wrote:
>
>> Bruce wrote:
>>> On Thu, 21 Feb 2019 19:32:22 -0500, Alex > wrote:
>>>
>>>> Bruce wrote:
>>>>> On Wed, 20 Feb 2019 19:24:10 -0500, Alex > wrote:
>>>>>
>>>>>> John Kuthe wrote:
>>>>>>> On Wednesday, February 20, 2019 at 2:10:05 PM UTC-6, tert in seattle wrote:
>>>>>>>> writes:
>>>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I would not sell it.
>>>>>>>>>
>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>> so did you got zero MPG, or negative MPG from the hauling of this stuff
>>>>>>>> around to end up in the dump?
>>>>>>> ??? I just threw it in the existing partially full garbage can in my bedroom with a trash can liner in it and pitched it out with the garbage pickup this afternoon.
>>>>>>>
>>>>>>> I ate one, it was a LOT of great chocolate and one wish-it-had-not-leaked cherry! Oh well, I can always make 'em again!
>>>>>>>
>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>> At least there is no candy income to declare. Have you gathered your
>>>>>> rental income receipts from 2018 yet?
>>>>> Do you dream of tax inspectors?
>>>> I pay a lot in taxes and believe everyone should pay their fair share,
>>>> too. What's wrong with that?
>>> You're obsessed.
>> No, the less other people pay, the more I pay as time goes on. John
>> doesn't believe he has to pay taxes on all of his income. As a
>> socialist Sanders fan I'm not surprised.
> Go after the big tax dodging corporations. That would make a real
> difference (and is something Sanders wants to do).

The big corporations rarely dodge taxes, they just manipulate the system
with their in-house accounting team. Bernie is a Socialist with far too
many "free" deals that taxes will never cover.

John Kuthe wrote:
> On Friday, February 22, 2019 at 6:13:17 PM UTC-6, wrote:
>> On Friday, February 22, 2019 at 5:58:57 PM UTC-6, John Kuthe wrote:
>>> I always make more than the Min Payment, and that helps lower my interest!
>>>
>>> Damn I'm good! :-) No WONDER I'm wealthy!
>>>
>>> John Kuthe€¦
>>>
>> I pay my credit cards off each month therefore I pay NO, NONE, NADA, ZIP, ZILCH
>> in interest. So I guess that makes me astoundingly wealthy.
> I did that in 2017, when I WAS ASTOUNDLY WEALTHY while I was renovating this house!
>
> Now I'm merely very wealthy!
>
> John Kuthe, CooperativeCorporationsSTL.ORG (not a website YET!)

If you are paying interest on credit card bills and have unpaid income
taxes that are accruing interest you are not wealthy on any level.
Wealthy people have NO debt!!!!

I pay zero interest to anyone. Banks pay *me* interest. $700+ last
month from savings alone.

Ed Pawlowski wrote:
> On 2/22/2019 9:03 PM, Bruce wrote:
>> On Fri, 22 Feb 2019 20:51:15 -0500, Alex > wrote:
>>
>>> Bruce wrote:
>>>> On Thu, 21 Feb 2019 19:32:22 -0500, Alex > wrote:
>>>>
>>>>> Bruce wrote:
>>>>>> On Wed, 20 Feb 2019 19:24:10 -0500, Alex > wrote:
>>>>>>
>>>>>>> John Kuthe wrote:
>>>>>>>> On Wednesday, February 20, 2019 at 2:10:05 PM UTC-6, tert in
>>>>>>>> seattle wrote:
>>>>>>>>> writes:
>>>>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I
>>>>>>>>>> would not sell it.
>>>>>>>>>>
>>>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>>>> so did you got zero MPG, or negative MPG from the hauling of
>>>>>>>>> this stuff
>>>>>>>>> around to end up in the dump?
>>>>>>>> ??? I just threw it in the existing partially full garbage can
>>>>>>>> in my bedroom with a trash can liner in it and pitched it out
>>>>>>>> with the garbage pickup this afternoon.
>>>>>>>>
>>>>>>>> I ate one, it was a LOT of great chocolate and one
>>>>>>>> wish-it-had-not-leaked cherry! Oh well, I can always make 'em
>>>>>>>> again!
>>>>>>>>
>>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>> At least there is no candy income to declare. Have you gathered
>>>>>>> your
>>>>>>> rental income receipts from 2018 yet?
>>>>>> Do you dream of tax inspectors?
>>>>> I pay a lot in taxes and believe everyone should pay their fair
>>>>> share,
>>>>> too. What's wrong with that?
>>>> You're obsessed.
>>>
>>> No, the less other people pay, the more I pay as time goes on. John
>>> doesn't believe he has to pay taxes on all of his income. As a
>>> socialist Sanders fan I'm not surprised.
>>
>> Go after the big tax dodging corporations. That would make a real
>> difference (and is something Sanders wants to do).
>>
> I don't blame the corporations. They are following the laws as they
> should. I blame Congress for making the laws. Change them. The
> problem is the congresspeople are owned by donors.
>
> I take every deduction I can. Perfectly legal. Got a huge refund
> this year too, I just followed the tax laws.

Me, too. The deductions are tricky. A simple donation of $500 to a
charity can tip you into another tax bracket and save you far more than
that. I review my situation prior to the end of the year to look for
those opportunities. 100% legal.

Ed Pawlowski wrote:
> On 2/22/2019 8:54 PM, Alex wrote:
>> Ed Pawlowski wrote:
>>> On 2/22/2019 4:06 PM, Janet wrote:
>>>> In article >,
>>>> says...
>>>>>
>>>>> On Friday, February 22, 2019 at 1:30:19 PM UTC-6, Sqwertz wrote:
>>>>>> On Wed, 20 Feb 2019 11:47:02 -0800 (PST), John Kuthe wrote:
>>>>>>
>>>>>>> All my other Christmas Candy is a lot more durable! :-) But I
>>>>>>> would not sell it.
>>>>>>>
>>>>>>> John Kuthe, KutheChocolates.com...
>>>>>>
>>>>>> I thought they lasted forever in the fridge?
>>>>>>
>>>>>> All that trouble, all that money, that $300 hot plate, that puts
>>>>>> Kuthe Chocolate about $1,800 in the hole in less than 3 months
>>>>>> (assuming you make minimum wage). Would you consider a buyout?
>>>>>>
>>>>>> How that grow tent doing? How are your housemates going to feel
>>>>>> about you growing pot in their home?
>>>>>>
>>>>>> -sw
>>>>>
>>>>> I'm so wealthy, I have MONEY TO BURN!! Seriously!! I just got
>>>>> another BIG check for my inheritance I didn't even expect! Now I'm
>>>>> EVEN WEALTHIER!! I can now afford to almost pay off my Discover
>>>>> Card balance which I've run up over 2018 and NOT WORKING YET!
>>>>> That's right KIDS!! I owe NO Income Tax in 2018 because I did NOT
>>>>> HAVE ANY INCOME in 2018!! None! Zero! Nix! Nada!
>>>>
>>>> Rent is taxable income.
>>>>
>>>> Janet UK
>>>>
>>> So? It does not mean he had income if expenses exceed income, very
>>> easy to do with any new business.
>>
>> No so much with rental income.
>
> Sure there is with all the expense of getting the house in shape.
> https://smartasset.com/taxes/rental-...tax-deductions
> On top of the finances and responsibilities of your own living space,
> you have to find tenants, secure insurance and pay a mortgage and
> property taxes. Renting a home can also complicate your personal tax
> situation. Luckily, Uncle Sam allows you to deduct some expenses
> associated with running a rental property. The IRS stipulates that
> deductible expenses must be ordinary and generally accepted in the
> rental business, along with being necessary for managing and
> maintaining the property.
>
> While home improvements are deductible through depreciation, the tax
> code does allow you to deduct certain repair and maintenance costs
> separately. The big difference is that these efforts keep your
> property in rentable condition, but do not add significant value.
> Think painting, tuning the plumbing, cleaning HVAC filters, spraying
> for pests and landscaping.

The difference between maintenance and capital improvements is the
issue. Maintenance is cheap. Roof replacements, etc, are not.