Posts tagged: investing

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JANUARY 7TH, 2009
By CPA SAM

First Time Homebuyer Help!!!

While not a question from my readers, I thought it would good to go over something new that will help first-time home buyers.  For those who purchase a home between April 8, 2008 and July 1, 2009 and who did not own another primary home for three years prior to the purchase that falls into that time frame, you are eligible for an interest free loan from the government!

Here’s how it works.  You get a credit of the greater of Read more »

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categories Financial Planning, Taxation

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SEPTEMBER 10TH, 2008
By CPA SAM

Managing an IRA is a business?

Q. I will be self directing an IRA to generate income. I will need a computer, software, attending investing seminars, and a host of other expenses in order to self direct it. Can any of these be business deductions?

A. Wouldn’t it be nice if we could get paid for every activity that we undertake.  I think that producers should Read more »

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categories Taxation