Edison Reis
Mortgage interest rate / tax deductible ? (Definition)
Greetings fellow investors,I am close to get into my first property and I am wondering about the following.We are all aware that the interest paid on the mortgage is tax deductible but ......A) Does the deduction rela...
Gariner Trinidad
tax benefits of buying a $2M dollar home as first time home buyer
As a first time home buyer and single, how can i maximize the tax benefits available to me if i decide to buy a 4 unit/multifamily house that is worth $2 million and property tax of about $30,000 per year?
Will like ...
Christian Garcia
Leaseback Deposit !
Hello ! My client closed on his home three weeks ago. The seller had a lease back for two weeks. When they moved out they left furniture and a lot junk all over the home and the backyard. Can my client use some of the...
Malcolm Douglas
Worth it to Pay First 2017 RE Tax Installment before End of Year?
I am curious - Living in Chicago, both a high state income and real estate tax district, does it make sense to try and pay the first RE tax installment of my 2017 bill before year end? I will be over the newly propos...
Joshua Kohl
what all can i count as deductions?
What all can I deduct as business expenses? I closed on my first rental (a duplex) yesterday and want to make sure I maximize all my deductions. Can i deduct internet, cell phone, office supplies, car insurance (if ...
Filipe Contaifer
House Hack Tax Deductions / Dallas Tax Advisors
Howdy folks! I'm closing on my first ever property (praise God!) and got a couple of questions.1. Any recommendations for real estate savvy tax advisors in Dallas, TX? Looking for somebody who is going to ask me quest...
Chris Ready
Tax deductions before owning an investment property
Hi all,New Real Estate investor here in the process of starting out.I know that once I own a property any operating expenses, travel etc. are tax deductible but does anyone have any insight into collecting receipts fo...
Kevin Dubina
Borrow from family for BRRRR to keep interest tax deductible?
I'm planning to do a BRRRR. Cash purchase for 90k, put in 15k and refinance for 110-120k
Since interest is no longer tax deductible unless you get a mortgage at the time of pruchase, I'm thinking it makes sense to bo...
Christina Banker
Handy.com asked me to go through home insurance first before they approve a claim
Hi there,I purchased a floating TV stand from Wayfair and hired the Wayfair partner handy.com to install it. Unfortunately, the TV stand fell off the wall, damaging the whole TV stand, PS4 Pro, and drywall. It was app...
David Melvin
Tax implications for using your primary residence to fund an investment vs loan?
We own our primary residence free and clear (do not have a mortgage on it) therefore we have equity in it and are wondering if we should do a cash out refinance to fund an investment property (versus getting an invest...