How does the 2017 TCJA affect new homeownership? How does it benefit residential property owners? How does it affect real estate investors? Can real estate investors still deduct the full amount of taxes paid to suppo...

I know there are a myriad of tax advantages when owning real estate under your personal name, such as depreciation, improvements/repairs, operating expenses, travel, and home office usage.
What I would like to know i...

Hello Everyone,I recently purchased my first rental property. I am now working on closing on my second rental property. I wanted to know if inspections where tax deductible. Also, I am removing the carpet and doing so...

Are the fees for the inspection, title search, and the appraisal tax deductible?

I'm in the process of purchasing my first property, it's a house hack that I'll occupy the majority of it's a 1br/2br w/ garage. I'm curious about tax deductions. what can I write off in my situation? with everything ...

I have been analyzing houses for almost a year now.  I understand the basics and really just need to dive in.  One thing that has been a little confusing to me are the tax deductions.  Off the top of my head, you can ...

This year I replaced two HVAC systems. I know this is tax deductible, but I'm wondering if I would claim the entire deduction on my 2022 taxes or is this something I spread out over a few years?

I am asking on behalf of someone else regarding their property situation. They currently own two homes and just purchased a third home, where their loan is as an investment property. They will eventually sell their pr...

Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...

Your house isn’t just your haven—it can be a financial asset too. Here are 10 tax tips every homeowner should know:1️⃣ Mortgage Interest Deduction: Deduct interest on loans up to $750K!2️⃣ Property Tax Deduction: Clai...