Account Closed
Looking for Property Management software for rent controlled buildings
9 April 2012 | 1 reply
.* Security Deposit interest (simple interest paid yearly on the occupancy date)* Rent board fees deducted from the security deposit interest.* Parking fees separate from rent.Wish-list:* Parking space assignments.* Tenant key assignment tracking.* Laundry machine coin and cycle meter tracking* Telephone access system control information.
Alex H.
Tax deductions and property management
29 April 2012 | 11 replies
You may still deduct an occasional trip to visit and check on your property.
Elio Mariani
Converting primary residence into rental property
13 April 2012 | 1 reply
I already have an umbrella policy.With regards to taxes, will I still be able to deduct the loan interest from current loan even thoughI will have a new loan for my new residence?
Steven Hamilton II
In Bloomington, MN Area May 8-10th
15 April 2012 | 1 reply
I was curious if anyone here from the board would care to meet for a tax deductible business meeting and discuss some real estate and tax savings.
Jeff D.
flipping out over possible s-corp loss
16 April 2012 | 21 replies
You have inventory/WIP and a 2011 gain of $25K minus deductions.
Eric Hartmann
Sell Home To Rent Back
24 April 2012 | 5 replies
I was earlier looking at this problem that places I want to live are bad investments for cashflow, but factoring in deductions and such it's still often cheaper than renting living there yourself.
Jeff D.
improvements to a leased biz space
19 April 2012 | 11 replies
Qualified leasehold improvements such as you mention are depreciable over 7 years (unless you qualify for and take accelerated depreciation or a §179 deduction.)
Bienes Raices
Replacing plaster with drywall in rental
19 April 2012 | 16 replies
were maybe) deductable, utility companies give credits as well, state money may be available and you depreciate the improvements.
John C
Quick Question
18 April 2012 | 5 replies
Just wondering if capital improvements should be part of the expenses (i.e. should they be deducted from gross income to arrive at NOI).
Kyle Meyers
Appraisal Fee Deduction
25 April 2012 | 16 replies
As I understand it, the appraisal fee and some other closing costs are not immediately deductible.