I've been doing research on this topic for a while, but still didn't have a clear picture. I built a new SFH in 2019 for sale and hasn't been sold yet. So my question is that are there any tax break i can take when fi...
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Can someone please clarify this?
If I buy 2 properties for $100,000 each
Both bring in a rent of $1000 /month.
For Property A, Tenant pays utilities and for Property B, Owner pays utilities.Although both A and B m...
Key Points:
-Keep the utilities in your name and bill back to the long-term tenants.
-Hire out lawn care and snow removal... or DIY.
-Insurance costs will decrease when transitioning from homeow...
Hello, I purchased a washer/dryer and coinbox for my 3-unit property back in October. I was wondering if this is eligible as a business expense - or another type of qualifying deduction - so that I could finish up m...
There are two lots in a popular area in Colorado that were taken by the city for non-payment of taxes. I believe after the owner died, but haven't been able to confirm that. For 80k I can buy the tax lien. At that poi...
Hey guys I have a month before I close on my duplex that I am house hacking. I am renting one side out and will be getting a roommate on the other side. My question is this. Whats the best way to do the roommate p...
Greetings,I'm getting some conflicting advice on this topic. Can I deduct both mortgage interest and depreciation from my rental property on my personal taxes?
Hello! I'm new to investing and looking for some advice on what it will realistically cost me. Want to make sure I'm not missing anything before I pull the trigger. If this is the correct forum, I'll share details....
Hey, whats up BP! Looking for some help here had a bad experience with my last accountant and now looking to find someone that is knowledgable about ourspace. Was hoping you all have someone to recommend in the Denver...