In August of 2013 I paid $7,680 for lead abatement. I am eligible for $4,500 lead tax credit through the state of Massachusetts. My question is, do I still claim the 7,680 as a deductible repair expense or do I ha...

Dear BPers,
I'm interested in learning more about Real Estate investing and taxes.  We are getting close to amounts where our income might be too high for ROTHS (Have to check this after the standard deduction. We to...

I did a direct rollover for a rental property.question: Can I deduct repairs from the remodel as well as take advantage of the depreation schedule as i do on a triditional financing. 

What a basic question. I'm doing 2015 taxes before the deadline.Purchased a flip in 2015 and got a hard money loan and sold it in 2016. Since it wasn't sold until 2016 it's not reported on 2015 tax filings.   My quest...

If my single-member LLC bought a property in 2014, but was not placed up for rental until 2015; so there is no income or expenses (other than capitalized expenses).  Do I need to add the property on my Schedule E?  It...

I'm planing a trip to Florida to look at some rental property prospects to add to my portfolio that is currently entirely concentrated in Seattle. Since I don't own any rentals in Florida but am going there to look at...

Been listening to Real Estate podcasts on BP. talking about tax benefits to investing in Multifamily. I have no experience in multifamily yet. Why are the tax benefits they speak of? Would like some explanation on th...

Anyone have any interesting tax benefits that I could use in the Houston Texas real estate market or any general tax advice? Any CPA’s in the Houston area or tax advisors?

First timer for tax filing as a landlord.... I know I can deduct the property insurance as an expense, but my question is regarding the credit for the LA Citizens FAIR Plan charge which is on all Louisiana policies. I...

It’s tax season! Yay! Can we detect sarcasm when it’s typed out? Since April is fast approaching that means many of us will need to file our Federal Tax Returns. Even if you are filing an extension I have tried to...