I purchased my first duplex, out of state, over the summer and am now preparing to do my rental property taxes for the first time and have a few questions on deductions.Is the home inspection deductible?I initially ha...

I have two questions regarding mortgage interest tax deductions.
First, last year, I purchased a HUD property at a significant discount and used a $70,000 HELOC from my primary residence for the down payment. I under...

I had a situation where AC stopped working in one of my rental unit. The unit was 1 year old and broke unexpectedly. I contacted the company and they came out to look into the issue and said some parts were missing. T...

Hi there friends.

I've purchased my first property late last year.
My only income was months rent Dec.
So. My question is. Can I deduct my loses from my W-2. My loses would be rehabbing, utilities , etc.
About $...

Hey fellow real estate investors!!I'm new to BiggerPockets. I've been listening to the podcast for a few years but just now joining the community. Disappointed I didn't get online and get active earlier!! I love how m...

So interest rates are tanking so I was about to refinance and take cashout from some properties.But, speaking with my accountant, I found out that interest on the refi will not be tax deductible because I am not plann...

I had an intriguing thought today as I was driving home and was wanting to see if this was possible, let alone legal. Let me start with some background. I live in farming country in South Georgia and one of the things...

For those who are lucky enough to make over $450k/year, what changes are you making?

From what I understand
1) tax rate goes up to 39.5%
2) you cannot take mortgage deductions anymore?
3) dividends from your corpor...

Hello all,Has anyone had an experience with a listing through AirBNB.org? Are there are any known tax advantages to giving your space out for free or for a discount?I have registered my listing through their nonprofit...

Hi everyone, I have a quick tax question I'm looking for some guidance on regarding a duplex. The top unit is rented, and I am currently moving into the bottom unit. I plan to do a few upgrades (mostly cosmetic) to th...