Is it ok to deduct the high bid amount then return the rest if they go with a lower bid after the deposit has been returned?

If you bought solely on appreciation, say speculating on a piece of vacant land, you have carrying costs for all those years, to deduct from that meager 8 to 10% return.

I got a quote for both ACV and RCVRCV annual premium $2,900 - which has deductible $1K; total coverage amount $450K with premises liability $100K; water backup of sewer or drainsACV annual premium $1,700 - which has deductible $2K; Dwelling coverage $180K (which is the purchase price) with personal liability $300K; loss of rent $18K; living expense $18KAdditional questions:- Do you think the rate above is reasonable?

My employer also provides a high deductible (HSA) eligible health insurance plan for my wife and me.

My tenant moved out my investment property on 3/31/2019. I found many problems need to fix before I can rent it out again.. I did the following things"
1. Fixed water leaking in two bathrooms and ceiling.
2. Replace...

Regarding the non deductible amount that you can contribute to a 401k, is the amount limited by your earned income in the sponsoring business or the total of your earned income?

You do have deductible rental expenses for last year -- at the very least some depreciation expense - despite not having any rental income last year. 

In Michael's example the credits are directly deducted from the down payment, as opposed to being deducted from the total due and then reducing the down payment (which would be a percentage of the total due, and a much smaller reduction in the down payment then if it were deducted directly from the DP).Here is the example from Michael's post: "1.

If I find someone I can take advantage of the tax deduction.

, but now it's tax time.I see on lots of sites (including IRS Publication 527) that you can deduct your initial mortgage fees (origination fee, processing fee, appraisal, credit check, etc) amortized over the life of the loan.