Rick Im
Tax deductions after refinaning a rental property
7 February 2025 | 3 replies
Loan interest is deductible based on it's use-not the asset securing it.
Linda Thomas
security deposit deductions letter
2 February 2025 | 5 replies
Just show enough deductions to zero out their deposit.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
Provide a detailed accounting of deductions, along with the invoices, to show you’re acting in good faith.
Joe Michaels
What happens after 27.5 years with major improvements, can you still deduct?
6 February 2025 | 12 replies
Quote from @Dominick Johnson: Why wait 27.5 years to claim all depreciation, do an accelerated depreciation and get those tax deductions now!
Michael Overall
Utilities and Interest during remodel Basis or year deduction
21 January 2025 | 10 replies
Utilities for the Vacant HouseNot deductible.
Nick Gallon Martin
Confused about deductibility of interest on tax return
19 January 2025 | 2 replies
ChatGPT tells me that the cash out proceeds even if only reimbursing myself is non deductible because the proceeds are not reinvested in property
Anne Christensen
DO I need a wyoming trust?
6 February 2025 | 19 replies
I rent through Furnished Finder which has a standard rental contract.
Julio Gonzalez
Which cost segregation study approach is required by the IRS?
4 February 2025 | 4 replies
The IRS has not established specific standards or requirements for the preparation of the cost segregation study.
Brian Stinson
Insurance deductibles for SFR
6 January 2025 | 5 replies
Curious of what everyone is electing their SFR deductibles to be?
Mariah Volk
A few questions!
6 February 2025 | 5 replies
If you continue using it as a rental but reduce STR activity below the material participation threshold, your deductions may become passive and subject to loss limitations.2.