What are the pros and cons of vehicle expenses?  Ive read there are two different ways to write off this expense.  Actual expenses like car value depreciation plus insurance, gas, repairs, oil changes or the other opt...

Has anyone run into irs tracing rules when doing a Brrr or cashout refi on a rental?Here is a link:https://borelassociates.com/wp...ThxAlan

I am scratching my head trying to figure out how best to report the auto expenses we incurred for two of our properties in 2012.

One property (A) is out of state, so we had to drive some ten hours one way to clean u...

All,Open to suggestions here.  We have upgraded our current home over 6 years to the point where we will be losing money if we spend another dime on it (in a highly desirable school district).  We have about $114-140k...

Hey everyone,

I just recently purchased my first house and I will close in about a month. The house is a 4bed 2 1/2 bath. Me and 3 other friends will be moving into the house.

Now my questions is, the rent that my ...

Hello,
      I have purchased a condo to use as a short-term rental. I would like to stay at the rental every once and a while. I have read many articles about personal use, residency, and taxes. But still have some ...

Suppose I own a single-family rental property and the long-term (8 year) tenant vacates.  I want to move into the property to complete extensive repairs/maintenance in anticipation of a sale.  The intent would be to d...

Could you please let me know if the interest in Step 5 below would be tax deductible:1) Buy Property for $100k. $20k cash down, and $80k loan (for simplicity, say interest-only)2) Property appreciates to $150k3) Refin...

I've seen posts about renting to myself for tax purposes but I does anyone know if I could set myself up as a tenant and make rental payments for my personal property and if I were to do so, could I report the payment...

My wife and I live
overseas ~40 weeks out of the year. We visit our former home area the other 12
weeks (4 visits x 3 wks/visit) to manage/renovate/grow our 7-property investment portfolio and to tend to personal ma...