At closing, the accumulated credit is applied to reduce the purchase price, eliminating the liability.

@Parker BullardFrom my experience, house hacking is a great way to reduce housing costs by renting out part of a property, like a duplex or triplex.

.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

I'm out of debt, don't really plan on using my card much except for emergencies but the recovering spendthrift and the riskier investor sides of me - are curious if I should call the company back and ask for them to r...

., rental income reduces or we got laid off), is it a good move?

Vehicle expenses are one of the major costs to consider, so living nearby helps reduce those expenses and saves you time.

Adding a lead filter may reduce/eliminate lead content, but they are still going to replace the pipe.

This year I sold a rental property with a capital gains of 60kI’m looking to reinvest in something that will reduce my tax liability.

And that also deters any big time trackbuilders to come out there to build these cabins in bulk.  

If you have rental(s) or plan to get one and want to decide between long/mid and short-term rental strategies taxes do play a roll if you have high W2 income you want to try and reduce you tax burden.