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.

Note: I haven't figured out to search the forums, and I have a feeling this is redundant. If so, please educate me? Now for the question: in the new tax law, effective Jan 1, 2018, I understand changes have gone into ...

I'm working on some hard money financing with a family member to do a deal.Under what circumstances, if any, are my interest payments tax deductible?

I have various investment properties that I bought cash back in 2008-2009. These properties have increase a lot in value. I am thinking of getting loans and pulling out equity. Will the mortgage interest be deductible...

A capital expenditure is money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment. This would include architectural fees, new equipment, cost of protec...