
4 December 2015 | 10 replies
The only way you might be able to deduct anything would be for carpetcleaning as well as cleaning the rest of the unit if that was addressed in your lease.

4 December 2015 | 11 replies
Is it possible/legal for me to transfer the ownership or sell my home to my corporation, or to another one I file, then pay myself rent, as well as deduct repairs and other property expenses that you cannot deduct from your personal residence through that corp?

5 December 2015 | 4 replies
For non-Roth funds, you get a tax deduction on the contributions to the plan and then the investment gets to grow on a tax deferred basis - leaving your 401k with more money than you would be left with had you done the investment with personal savings.

4 December 2015 | 10 replies
Ask how they deal with late rent, turnovers, security deposit deductions, application screening, lease violations, lawn maintenance, how often they inspect, lease renewals or extensions, etc.

13 January 2016 | 3 replies
Wanted to reach out to any investors out there and ask about items that may be tax deductible.

10 April 2017 | 16 replies
Depreciation and other deductible expenses (eg., costs of ownership, travel to the property for inspections) are not allowed if the property is held within the SD-IRA.

8 December 2015 | 28 replies
Talk to a lawyer about nuances hereThe option should be executed for a single amount that deducts the option consideration up front ($82K) No ongoing principal reduction during the termMake sure that rents are very well documented because the lender will need those in the future loan application.We find it very easy to talk a buyer out of rent credits.

4 December 2015 | 2 replies
Can I maximize my deductions by daisy-chaining expenses between properties?

8 December 2015 | 2 replies
When you visit your accountant, make sure to bring your closing statement from escrow, since some of the closing costs and fees may be deductible.

9 December 2015 | 5 replies
Costs will be capitalized unless you are deducting carrying costs in 2015.