How does federal tax exemptions or reductin for hurricane damages work? Texas had some hurricanes and I have properties (Market value $300K, Roof damages $25K). What is the strategy to maximize the tax reduction. Pape...

I will be taking out a mortgage, but I won’t be putting 20% down and declaring it an income property, however, it will still be my primary residence.

Is it possible for me to declare it as a repair and deduct the expense in the same year?

This shift aims to avoid the high costs of renting temporary locations as the company focuses on stabilizing its business after emerging from bankruptcy in 2023.Meanwhile, Spirit Halloween is expanding aggressively, with a record 1,525 pop-up stores for the 2024 season, offering immersive experiences with animatronics and interactive displays.

thats pretty hard to recover from  This has bankruptcy written all over it.

I am declaring primary residence but will live elsewhere as my lender only requires "intent to move in by 60 days" with no proof of move.Three units - $4200 rent income1st unit (3 bd 1 bt, ~1000 sq ft) is currently vacant, previously rented for $1600.2nd unit (3 bd 1 bt, ~1000 sq ft) rented month to month at 1050. can get $1600 as well.3rd unit (2 bd 1 bt, ~800 sq ft) rented for 1000 until April 2025. can get closer to 1200-1300.

But he eventually spun his inherited wealth into an image of being a smart businessman (despite several bankruptcies, many failed businesses, burning a lot of people and being part of many, many bad deals and scams).

Federal bankruptcy also removes the person from the list. 

because she declares income while being overseas, she can exclude the first 120k from federal taxes.  

This is a big challenge to every one of us.Not allowing tenants with cats is possible but tenants may cheat not declaring cats.