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115 - Is it Deductible?  The POND Method

115 - Is it Deductible? The POND Method

Wealth Game

June 25, 20246m 31s

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Show Notes

In this video, I introduce the POND method to determine if expenses are deductible for your business or rental property. The acronym POND stands for Purpose, Ordinary, Necessary, and Documentation. I explain how each factor plays a crucial role in identifying deductible expenses. No action requested from viewers.

 

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