Taxes are coming.
I need to assemble all my tax information. (you do too)
I have yet to finish cleaning my house.
Some "home"work is required - building a new kitchen on the other house, fixing the countertops in this one, new stairs, deck, etc. Big expenses, but really, really need to get this monkey off my back. We've decided to move into the other house instead of renting it out. It's just become too difficult to take that route.
That being said. I need to figure out what and how this affects on my taxes... Obviously this is a conversion of an investment asset into a personal asset, but what is the value? Or is it a conversion? Can I "live" in investment property?
Oh, and I need to get hold of the plot of the investment property as well. There are way too many bushes, trees and to quote Monty python, "Shrubberies" that need pruning or removing.
Like I said, "Home"work.
Hey Don, good to see you're still committed to "The Simple Life". I am trying to do the same but as you say it's easier said than done. I've finally got round to starting my own blog, drop by sometime.ReplyDelete
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