I currently own or manage two different real estate LLC's.  When I travel to the bank to deposit rents each month I deposit all the rents at the same time.  Am I able to take the travel deduction for both businesses e...

I have a tenant who emailed me at my work e-mail account on Christmas about a leaking garbage disposal that didn't seem to work anymore and that they had scheduled Roto Rooter to come fix it. Normally, I know that a l...

Hi there,This is a question about tax deductions and qualifying income.Last year I qualified for the foreign-earned income deduction (FEID), a deduction that allows me to deduct about $100k from my taxable income beca...

Can I deduct a cleaning fee from security deposit if I do the work myself, as the landlord? I can't find any information online regarding that specific issue.

I'm getting a HELOC on a rental property I own and I'm wondering if I'll be able to deduct the interest on my taxes.  I plan to use the funds exclusively for the purchase of rental properties and/or flips and related ...

My real estate investing has been largely passive and out of town investments, consisting of single family properties operated by property manager or I'm a limited partner in a syndicated investment controlled by the ...

Hello BPers

I have a question regarding property insurance and tax deductibility.

I have property deduction and have gotten an umbrella to cover any liability (property is in my name and will only get transferred a...

Hi everyone,I am about to become an investor renting out the condo I currently live in (Columbia/Ellicott City, MD area) and purchasing another house for my family. The condo was purchased in 2006 at it's highest ever...

Attention all Accountants and real estate investors!
The Inflation Reduction Act (IRA) of 2022 was signed into law on August 16, 2022 by President Biden.
It’s a $737 billion investment that according to two of the ...

Does none know if there is n income level at which you are not allowed to take tax deductions fom RE? Ex. If you are a high income W2 employee and want to start investing in RE. How does he 86 tax law effect you? Can...