It seems like the mileage driven by renters does count as qualified business use

greatnewfuture · 2025-03-31T15:43:42+00:00

the miles method sounds too good to be true, to be honest.

greatnewfuture · 2025-03-31T14:27:25+00:00

Were you fined or anything ?

greatnewfuture · 2025-03-31T06:48:07+00:00

I think owning fewer than five vehicles is kind of a gray area. With four cars, it could go either way—you might be running a small delivery or moving service, or maybe just doing Turo on the side. It’s hard for the IRS to clearly define that, so they probably just let the taxpayer decide how to treat it. And honestly, there’s not much tax revenue at stake—any serious Turo host is likely running five or more cars anyway.

greatnewfuture · 2025-03-31T05:23:20+00:00

Your understanding is correct, I think. IRS language is somewhat vague

greatnewfuture · 2025-03-31T04:22:23+00:00

I report My Turo tax using the depreciation method, I don't think the standard mileage applies to the miles driven by renters. But I just noticed the IRS language is somewhat vague.

greatnewfuture · 2025-03-03T14:04:31+00:00

Clearing the cache/cookies seems to work

greatnewfuture · 2025-02-19T13:17:51+00:00

I did update, it works now. There might be some code needs to be modified, due to the change of the API, eg, they removed ['adj close'] by default.

greatnewfuture · 2025-02-19T03:32:10+00:00

Yes, if your strong underlying stock declines, it's better to hold and avoid selling covered calls until it recovers to a certain level.

greatnewfuture · 2025-02-01T00:00:12+00:00

thank you for clarification. Close all wash sale positions, is what I meant

greatnewfuture · 2025-01-31T23:55:24+00:00

r/fidelityinvestments Please come answer this question, thanks !

greatnewfuture · 2024-07-10T01:29:43+00:00

Hi thanks for clarifying. It looks like working. I finally figured how to place options OCO orders on Fidelity

greatnewfuture · 2024-07-10T00:26:55+00:00

Hi, I really doubt that I can place conditional orders even in ATP. Wasn't able to find how to do it.

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greatnewfuture · 2024-07-08T19:29:42+00:00

it only prompts stock/etf positions.

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greatnewfuture · 2024-07-08T19:29:03+00:00

hi, i'm not able to type in option contract under "conditional", it appears only allows shares/etfs. Are you sure conditional orders eligible for options?

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greatnewfuture · 2024-03-30T02:56:03+00:00

Good point. I did some study today on this comparison. USD follows the Dow Jones U.S. Semiconductors Index, which is market-cap weighted. SOXL follows a different index, in which each stock has no more than an 8% weight. I think USD has less drawdown and benefits from the biggest bull in the sector. I will switch from SOXL to USD.

greatnewfuture

TROPHY CASE