Hi Everyone, I'm new to the bigger pockets forum. Since the tax season is right around the corner, I'm wondering that how can I write off my leasing agent fee? I worked with one for the leasing agents at Austin area,...

Appears recent federal tax code changed the deductible items I can take on the refinance of my personal residence, i.e., looks like points are no longer fully deductible. Correct? New rules? Other previously deductibl...

Hey guys, Just a little about my current situation. I recently acquired a fixer-upper for 25k and am planning to out at least 10k into it and then rent it out. This is my first real estate investment. I have been tryi...

If you own real estate in a single member LLC, can you pass mortgage interest payments to be deducted against other personal income?  Or only against LLC income? thks

Traditionally some closing costs are tax deductible for primary residence. Does this include REI properties?

Any tax wizards out there? Vacation property deductions are reduced according to the percentage of time the unit is available for rental versus time allocated for personal use. Let's say in year one that was 60%. D...

Hey BP. Quick tax question: I know that I can deduct my mortgage interest, property taxes and homeowners insurance on my taxes, but can I deduct the principle payments along with all of that?

hello all, this is my first year as an investor and doing my taxes got a bit confusing. I guess I could go to a professional but figured i would ask here first...I got an ODP loan out to purchase the property. I purch...

We are meeting with a CPA next month to discuss tax strategies and planning, but we'd rather know a little now than to go there knowing nothing. Reading through a lot of posts, we know that mortgage interest, property...

Hello,I don't need a cargo van for my business at this point in time but after having reviewed the section 179 guidelines, it seems like it might be beneficial considering the tax bracket and financial position my bus...