Jade Walshaw
👤 SpeakerAppearances Over Time
Podcast Appearances
And you're raising your prices at the correct rate over the past 15 years?
And in the meantime, I'd also be studying what he's doing.
Right.
Then you're losing money because you're paying him, but you're not making any more.
Do they have any other assets that they could sell?
How's their health?
Your parents?
My thought behind what Dave said is you probably stand to inherit the house, so it's money that you would get back.
Let me guess.
Taxes.
Well, they're due on April 15th.
That's the date.
But you shouldn't be late because if you think you're going to be late, just file an extension.
That's what I would say.
You still got to pay them.
I like this.
So a deduction, that's going to lower your taxable income, whereas a credit would lower the overall amount that's due.
I like to think of a credit like a coupon.
$30 off.