Will be traveling out of state to attend the closing of my first rental property. It is brand new construction. Financing is a thirty year conventional mortgage listed as investment property. During the visit, I will ...

We are starting our rehab next week on my 1st rental property. The house is in rough shape so we'll be doing a good bit of work:  new roof, windows, flooring, cabinets etc. 
How much of this can I deduct as repair c...

What does interest payments and property taxes are tax deductible if you itemize mean?

Just wanted to get some general information on tax deductions...nothing in depth, want to make sure I'm not completely off with my analysis.

When buying a property, there are a lot of items that can be deducted at t...

If my deductions are greater than the income generated from my property, how does that effect my tax liability?

Does it decrease the total amount of taxes owed? Or does my tax liability stay the same?

If I purchase office supplies with my business credit card in 2012 and pay the credit card statement in 2013, is that expense deductible in 2012 or 2013?

I have a quick (and probably easy?) question if someone could assist! I want to sign up for the annual Pro membership and the BiggerPockets bootcamp before the discount ends. (Ends 12/31/2022)I plan on buying an inves...

Hello fellow house hackers!This is more of a tax savvy question. I have my primary residence and currently renting out my studio basement. Can I deduct all the expenses (materials from Home Depot) from fixing and upg...

Could someone who is tax savvy help me out here? I am considering building a home office, and by building a home office I mean actually building a completely separate structure from the living area behind my house. Wo...

Hey everyone! Been a while since I was on. I want to know what to expect come tax time. I started my L.L.C., and have a business checking account for it. For the entire year of 2009, I have been and will continue ...