I am reading that the mortgage deduction is going to be for loans up to 750k on new deals for primary residency....., how about for rental properties?  is that any different?  is this capped to 750k total or is it per...

Hi BP, 
I wanted to post to make sure I'm understanding the depreciation recapture process using an overly simplified example.  I'm leaving out deductions for closing costs, maintenance, repairs etc.
Say I buy a hou...

Happy Holidays! As of today, the House and Senate have sent the GOP Tax Plan to the President to sign into law. I've seen numerous threads popping up about the GOP Tax Bill. I wanted to start a thread to consolidate q...

Can you make the repairs like painting, fixing hvac tax deductible in addition to depreciation?Any good articles on the same?Thank you

I use a 3rd party company to help protest my rental property appraisal values and they take 1/3 of the actual tax reduction as the fee. Does anyone know if this fee can be considered as expense to the rental property ...

Business Travel Basics
A business trip is an opportunity to do productive business while earning substantial deductions. But it's important to know the rules and limitations of deductions for business trips; i.e. w...

Hi BP!  After purchasing a property it's my understanding standard homeowner insurance is not sufficient to cover a landlord in terms of liability.  In the interest of qualifying for residential financing it seems an ...

I am bidding on a $230K market price property, where I will probably add $20K of equity thereafter in form of upgrades. the land is appraised at $100KI by tax man. This will be a rental property.

I solicited quot...

We have our first rental property in Indianapolis under contract and I've received a couple quotes for homeowner's insurance, 1 was nearly double the other. I was hoping there was a standard amount of coverage/deducti...

We are going to build a personal home.  We have a lot of equity spread out over 13 of rental properties, and we don't qualify for a home mortgage to be sold on the secondary market due to so much self-employment incom...