Could VRBO users from Michigan provide some clarity about the topic of sales tax/lodging tax collection and payment to the state.

I set up tax lien as a keyword alert so I get alerted when someone mentions them.

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

LouisReleasing Federal Land for private sale? 

@Eli JermanYes, you should hire a tax professional.

I use a spreadsheet I developed to determine my entry costs, carrying costs, cash flow, tax write offs, appreciation and exit costs.

Tax law requires it.

You may be able to deduct mortgage interest and property taxes before the property is in service. 

.: Self-proclaimed “Short Sale Queen” and associates indicted in federal mortgage fraud schemeTuesday, December 3, 2024For Immediate ReleaseU.S.

It's essential to do your due diligence and perhaps consider investing in more established or upcoming neighborhoods.Property Taxes: New Mexico's property taxes are relatively low in comparison to other states.