I’m under contract on a duplex and want to make sure I capture all possible tax deductions. Can you deduct home inspection? I had read somewhere that you can roll lawyer costs (title, etc) into basis cost as well a...

Can anyone shed light on how/if taking the standard deduction impacts rental property deductions? I run an unrelated business from home as a sole proprietor that will be impacted by the change, but my understanding is...

Any one can explain what's this tax changes that they are talking about in news, The property-tax deduction ?? and corporate tax ???   thank you 

I'm in the process of finding a good accountant in my area, but I was hoping the community could help me with a question while I search. I bought a property as my primary residence. I'm exploring building a guest hous...

I just bought a cargo van that will be used only for my rental properties. I know there are two ways to expense the costs; either direct expenses or mileage. Which method do all of you use and why?Also, I want to ma...

I have heard conflicting arguments as to whether a trailer home is 100% deductible in the year of purchase.  Are there an CPA's who can shed light on this.  If this is possible, then the mobile home market stands to g...

Tax Question about deductibility of an annuity surrender charge in 2017.If an annuity is cashed in to buy rental real estate and there is a large surrender charge, can that surrender charge be deducted on:(1) Schedule...

We are rehabbing an property that we will occupy when finished, what parts of the work etc can I deduct or use to minimize tax exposure on the property?

I have one handyman I use alot now as w...

Curious about the BRRR strategy - is the rehab tax deductible since it will be rental property? Contractor Labor, new materials, etc?

Hi everyoneI currently have a newly acquired HELOC and planning to use part of it to invest on a note. Would anyone care to clarify whether the interest paid to the HELOC would be tax deductible? Thanks in advance.