Search found 35 matches

by eric
Thu Apr 21, 2016 1:19 pm
Forum: General questions and comments
Topic: Tax-deductible expenses (charitable contributions, mortgage interest)
Replies: 7
Views: 6488

Re: Tax-deductible expenses (charitable contributions, mortgage interest)

Regarding deductibility, it would be very helpful to have a separate flag, as you suggest in a separate response today. Most significant, I have two residences (principal residence and second home), both with big mortgages, and most of the mortgage payment represents interest. (I understand your sug...
by eric
Thu Apr 21, 2016 12:10 pm
Forum: General questions and comments
Topic: Tax-deductible expenses (charitable contributions, mortgage interest)
Replies: 7
Views: 6488

Tax-deductible expenses (charitable contributions, mortgage interest)

Is there any way to model tax-deductible expenses? For example: - charitable contributions. - mortgage interest, which is deductible, but varies over time as a mortgage is amortized and the principal is gradually paid off - state property tax, which is deductible on the Federal return, but not on th...
by eric
Thu Apr 21, 2016 11:00 am
Forum: General questions and comments
Topic: What's the significance of Cashflow Type?
Replies: 1
Views: 2149

What's the significance of Cashflow Type?

As far as I can tell, most of the following Cashflow Types are just descriptive titles, which are handled the same way by FRP. Here's my understanding. The following Cashflow Types do trigger special handling: Taxable Savings Tax Deferred Savings Tax Free Savings. But the remaining Cashflow Types ar...
by eric
Thu Apr 21, 2016 10:44 am
Forum: General questions and comments
Topic: Capital gains - tax treatment
Replies: 13
Views: 17169

Capital gains - tax treatment

I'm uncertain how to handle investments that are subject to capital gains tax treatment. As an example, consider an investment property which was originally purchased some years ago for $100,000. Its current value is $300,000. I'll assume it will appreciate at 4% per year going forward, so I'll ente...