Hi Ayoka - You can deduct expenses but you might have to capitalize it.

This is a general question for security deposit deductions made by a landlord of a complex.

Hi Lilly,Having an LLC has some advantages compared to flipping including the ability to deduct business expenses like mileage and meals, which can lead to significant tax savings.

Will I lose depreciation deductions if I use Roth IRA fund?

What are some good end of year tax deduction strategies (outside of increasing your 401lk contributions).

-  How do you assess deductions for damage in a common area such as a kitchen? 

When structured properly it can come with a property tax deduction and sometimes deferral DM me if you’re still looking for assistance with land trust formations  

So is "Lebanon Levi" :) - right Daniel Fisher?

While you may get a 199A deduction, you are paying a high tax rate.If we are talking about REIT's listed on an exchange, there are additional overhead costs as you mentioned - You have to get audited financial statements and also comply with certain SEC laws.

Having a dedicated account for property-related income and expenses makes it easier to track and document everything for tax filings, deductions, and accounting.