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Posted

Working on taxes  with beyond refund. They are saying we can use p527 IRS rental loss publication and reduce the amount we owe to federal. India lo property meeda rental losses unnai etc ani 27,700$ ( filing jointly) standard deduction lo chupiyyachu antunnaru. Anyone did this ?

 

they are saying it’s applicable to any foreign rental property. 

https://www.irs.gov/pub/irs-pdf/p527.pdf

Posted

I asked this question

they said

maitrnance and repair and 

6 month that property was not rented 

rental loss + maintenance/repairs

 

this is standard deduction 

so documentation not needed

If Audit aithey

we can provide the maintenance proofs etc ani antunnaru 

 

 

Posted

veto rendu velu ante ok

27k ante pakka audit.. evadu a desi tax consultant

Posted
2 minutes ago, dabbidi_dibbide said:

I asked this question

they said

maitrnance and repair and 

6 month that property was not rented 

rental loss + maintenance/repairs

 

this is standard deduction 

so documentation not needed

If Audit aithey

we can provide the maintenance proofs etc ani antunnaru 

 

 

sorry to say , but meeku standard vs itemized basic defintion telsinattu ledu  

 

standard deduction filing jointly lo mamul gane $27700 ki taxes padav for year 2023 . deniki inka rental loss chupitam enduku

I think auditor is playing with you to extract more money ..

 

 

  • Upvote 1
Posted

Don’t care about irs…they can’t scratch Indians… it is Indian revenue system..if you are financially struggling. Put some fake documents and submit it 

  • Haha 1
Posted
14 minutes ago, Spartan said:

27000 ela loss aindi ani adigite

 

5 minutes ago, Discotek said:

sorry to say , but meeku standard vs itemized basic defintion telsinattu ledu  

 

standard deduction filing jointly lo mamul gane $27700 ki taxes padav for year 2023 . deniki inka rental loss chupitam enduku

I think auditor is playing with you to extract more money ..

 

 

I though the same “ Beyond refund” tax consulting company name. I got similar thing from another tax consultant. 
And they want me to pay 1000$ for documentation 

something fishy anipinchindi 

Posted
46 minutes ago, dabbidi_dibbide said:

 

I though the same “ Beyond refund” tax consulting company name. I got similar thing from another tax consultant. 
And they want me to pay 1000$ for documentation 

something fishy anipinchindi 

definetely using you from what you said ..
mee lanti cases lo 100$ kante ekuva avva koodadu

  • 2 weeks later...
Posted
On 3/11/2024 at 9:27 AM, dabbidi_dibbide said:

Working on taxes  with beyond refund. They are saying we can use p527 IRS rental loss publication and reduce the amount we owe to federal. India lo property meeda rental losses unnai etc ani 27,700$ ( filing jointly) standard deduction lo chupiyyachu antunnaru. Anyone did this ?

 

they are saying it’s applicable to any foreign rental property. 

https://www.irs.gov/pub/irs-pdf/p527.pdf

where are you or who is helping in filing ? Please PM me I need help in filling

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