So the tax code says that a rental property depreciates over 27.5 years, i.e. 3.64% a year. So does this mean that as a landlord, I dont pay tax until I make 3.64% x house price? And if I pay down 30%, it means that I...

From everything I have read, I’m not able to deduct my rehab expenses until the rental property is put in service, or advertised as available for rent. Should I just start marketing it now on the rental websites with ...

Anyone know if mileage can be claimed for long distance real estate investment. In the past I have had several yearly visits to property (1000 mi away) and claimed air, vehicle rental 50% meals, etc. This year I ...

I just bought a cargo van that will be used only for my rental properties.  I know there are two ways to expense the costs; either direct expenses or mileage.  Which method do all of you use and why?Also, I want to ma...

We just movedout of the duplex we lived in for four years. We just got our security deposit back minus some deductions, that they itemized out for us. Most of them I'm fine with, a couple I don't like, but understand....

Aloha. 🤙🏾 Looking for advice and insight. Any help is much appreciated. Recently I have been exceeding the limit on tax deductions for my rental property business, when filing for my annual tax returns. Every year I d...

I just spent most of this month spending money to get my business up and running. I filed it as a DBA for right now and will upgrade it to an LLC when I start producing income.

I accumulated a couple $1,000 in initi...

Do you ALWAYS enforce the maintenance deductible?

Hello BP! So I was creating a spreadsheet to track all my business expenses. Is my phone bill tax deductible since I use it for business purposes? I offer internet to my downstairs tenant for free (I am house-hacking ...

If I use a HELOC on my primary residence to rehab houses that I don’t live in, is the interest still deductible in 2018? I understand that it is not. Any thoughts?