My buddy told me he bought a camper and is able to write off the interest because it’s a “second home”…Which got me thinking…. Can I buy a sailboat as a second home, and write off the interest if it has a cabin? What ...

I have rental income that is being deposited to my personal bank account. After establishing legal entities, I have created a business bank account and planning to divert all my rental income to new business account ...

Here is some info I found in the Baltimore Sun In 2017, Baltimore landlords filed 142,195 “failure to pay rent” actions against tenants in district court, leading to 67,000 eviction notices and 7,427 actual evictions....

Hi,I recently bought a Duplex as a primary residence, I plan to live on one side and rent out the other side.Now I have another plan that i want to sell the Duplex. Since the duplex was under a primary residence loan,...

I'm considering buying another primary residence and turning my current Residence into a rental unit.  If i have an llc already set up to for my rentals then why not buy this new property in said llc so i can write of...

Hi,We are close to hitting the timeline for when the capital gains exception would end on our previous residence and are trying to decide whether to keep or sell. If you've considered this in the past what parameters ...

I sold a rental property this year and have to account for depreciation I took in prior years. Which form of my prior years tax returns would have the correct amount that I should account for recapturing now that the ...

Here's a framework that you should know for tax planning:
The further you can push your taxes out, the smaller they become.The time value of money shows us that a dollar is worth more today than 20 years from now.Pla...

I am looking for a little advice regarding a tax sale property in Missouri.  I realize any advice given is not to be considered legal advice.  I have this in front of my attorney for review, but I am looking for some ...

First post and hope this is the right spot.  I have been on here for a while reading, listening and looking around and have a question that maybe someone can help with?  We have had a rental property in Denver that we...