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WCI #417: Get Rich Fast as a Millionaire with Roth Conversions

White Coat Investor Podcast

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Navigating Home Office Deductions

This chapter explores the intricacies of home office deductions, focusing on the criteria for exclusive use and the necessary qualifications for claiming these benefits. It discusses various methods for calculating deductions, the complexities of depreciation, and introduces the Augusta rule for renting homes to businesses. Additionally, the chapter highlights important considerations for maintaining accurate records and navigating vehicles and travel deductions related to business use.

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