If an individual purchases a rental property and incurs expenses for property management, maintenance, and mortgage interest, how are these expenses typically treated for tax purposes, and what impact do they have on ...

Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...

Nightmare story,I've bought many homes before but this was by far the worst ever.  I just bought a seller financed property in Dunn from a person that I previously trusted. I definitely should have done my due diligen...

So here is my situation:I am a new investor. I purchased an investment property that has not yet been filled but I have incurred costs along the way to get me to this point. Now I've been told that I can write off man...

I purchased my first rental property in 2016 and spent ~$15K on material/labor to fix up the property prior to renting. The house was vacant when I purchased in September of 2016, and I did not have a tenant in place ...

Hi,Curious to know if anyone has had issues qualifying for more mortgage loans with rental income from an STR. I bought 2 over the past 2 years (1 each year), and I’m noticing a trend with the write offs from the set ...

I bought a home in January with the intent of fixing up the basement to airbnb.  I started renting the basement out in July after improvements were finished.  I know I can deduct the portion of the mortgage interest (...

Without doing anything illegal i would like some crafty advice on incorporating losses incurred on the failed acquisition of another property, into my expenses for 2021.Background: I have only one rental property whic...

I purchased a ticket in December for a flight in mid-Jan strictly to visit one of my properties and attend a seminar.  Would this be a tax write-off for my 2019 tax return?  Also wondering if the expenses incurred dur...

If a tenant's motorcycle insurance pays the property owner for a claim of damage done to the rental unit should that payment amount be listed as income for the owner on the Schedule E?