Can anyone break down the Unlimited Marital Deduction for me?Spouses are both living, and still married.  Spouses file taxes jointly.  Both spouses are US citizens.If Spouse A gives a CASH gift to Spouse B, is it a ta...

Hello Everyone,I recently purchased my first rental property. I am now working on closing on my second rental property. I wanted to know if inspections where tax deductible. Also, I am removing the carpet and doing so...

Are the fees for the inspection, title search, and the appraisal tax deductible?

I'm in the process of purchasing my first property, it's a house hack that I'll occupy the majority of it's a 1br/2br w/ garage. I'm curious about tax deductions. what can I write off in my situation? with everything ...

So I am a brand-newbie at this, have not done a deal yet.  I realize that the very first thing I need to do is educate myself, which will probably take several months (which will put us into the next tax year) before ...

Does anyone know of a homeowner’s insurance policy that would cover tornadoes, hail damage and fire, which has NO DEDUCTIBLE?

I have been analyzing houses for almost a year now.  I understand the basics and really just need to dive in.  One thing that has been a little confusing to me are the tax deductions.  Off the top of my head, you can ...

I know there are a myriad of tax advantages when owning real estate under your personal name, such as depreciation, improvements/repairs, operating expenses, travel, and home office usage.
What I would like to know i...

Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...

I am asking on behalf of someone else regarding their property situation. They currently own two homes and just purchased a third home, where their loan is as an investment property. They will eventually sell their pr...