I just had a tenant move who made significant scratches/gouges in the floor such that I believe it detracts from the overall quality of the apartment. The scratches take up about 10-20 linear feet, and would require r...

Hello, I own rental property but do not have the properties in a business name. Can I claim I have a home office expense on my taxes because I do use part of my home as an office?

If you buy into a large syndication, are you offered all applicable tax deductions in a prorated way? E.g. you invest $10,000 into an apartment complex that cost 5 mil. You have 1% equity on the property. Are you goin...

I recently purchased my first STR (3bed condo in Orlando)When it comes to be tax time what can I claim as deductions etc?Anyone have a simple checklist of receipts is should be saving for my accountant?Thanks

Hello BiggerPockets,I have an owner-occupied duplex and am looking for opinions on the following deduction. We needed new blinds in the rental unit before new tenants moved in. Instead of purchasing new blinds for the...

Hi, I'm currently working on my first landlord insurance policy and curious as to what other investors do with regard to their deductible on the policy? Higher deductible, less monthly cost, lower deductible, a bit hi...

I'm trying to make sense of what I'm reading about deducting meals. It looks like I have to be on a business trip in order to take the deduction. Is that right? Here's my scenario:

I'm getting ready to take posses...

I'm starting to track my mileage via the Mileage IQ app and wondering whether driving for dollars mileage is deductible.  If so, does that make virtually all my mileage deductible?  I can't remember the last time I dr...

With the new IRS clarification out for for 20% deduction on QBI for pass through entities, I noticed there is a 250 hours requirement in order to qualify for the safe harbor clause. Can anyone further clarify for the ...

Good morning all, My first post, so apologies if i do not follow the appropriate etiquette. MY wife and I have a bit of a complex situation that we need advice on. Details below:Main goal: Reduce our W2 Taxes.
Curre...