
18 June 2015 | 2 replies
if I purchase a property with no deductible Ira funds and after death my daughter inherits the Ira...will she have to pay taxes on the inheritance?

22 June 2015 | 11 replies
You also can only deduct 75% of all building wide expenses and you can't deduct any related to your unit.

5 February 2016 | 9 replies
It isn't his money, it won't be your money, it just needs to be transferred to you in order for you to be able to give the money back to the tenants after deducting for repairs when they vacate.
21 June 2015 | 1 reply
HiI have been renting my old house in Miami since I moved away for the past 6 years.My last 3 tenants just left the house.I am extremely upset at the condition of the house:- Extremely dirty house - Was charged $300 ...

22 June 2015 | 8 replies
You could try just buying a new one and when you pay the rent attach the receipt and deduct the cost.

21 September 2017 | 10 replies
Also, mortgage insurance is currently tax deductible, only because Congress keeps extending the sunset each year.

20 October 2015 | 13 replies
Unfortunately, the roof is not included in my home warranty although if your homeowners insurance has a low enough deductible, you can usually take advantage of this during a storm that causes damage.

22 October 2015 | 13 replies
I have had them for about three years, but have only had to use them once and it turned into a headach and required a pretty good deductible.

26 October 2015 | 32 replies
I would not be a managing member and would just get a K-1 with Line 2, Rental Real Estate on it, which I understand is not subject to UBTI.And then could we allocate tax deductions, both cash (maintenance, etc.) and non-cash (depreciation), to the taxable guys to sweeten the deal for them in exchange for perhaps a bigger piece of the profits for me so we're all whole in the end (i.e., their additional tax benefits cancel out their surrendering some profits to me so everything ends up having substantial economic effect)?