Sentences with phrase «less depreciation expense»

Not exact matches

So - called bonus depreciation is set to expire this year, and rules (in Section 179 of the tax code) that allow small companies to take big deductions for many expenses are set to become much less generous.

1) not at the top tax bracket yet, thus less expensive to have taxable dollars; 2) before 35, generally significant expenses such as house purchase, engagement ring, wedding, etc.; 3) keep liquidity for potential opportunities — «cash is king»; 4) use after - tax dollars to buy RE and rent it out for another stream of passive income, which is generally not taxable due to depreciation — could be a retirement vehicle in itself.

Operating Earnings (OE) is calculated as revenue less production costs, sales and administration expenses as well as depreciation and amortization.

For example, at the moment with NG, if your annual gross rent is $ 10,000 and your total costs including depreciation is say $ 15,000, then you can use the additional $ 5,000 in expenses against your other income and thus reduce the amount of tax you pay for that year (if your marginal tax rate was say 30 % then you would pay $ 5,000 x 0.30 = $ 1,500 less in tax for that year).

This form will list information such as the partnerships rental income less expenses (mortgage interest, taxes, depreciation etc).

Except for cheap and less durable vehicles such as bicycles, such vehicles count as capital expenses on which the property manager must claim depreciation over a number of years instead of deducting the entire purchase amount at once.