Our last tenant moved out of the house on Dec 15, 2022. As per AZ law we have to send out itemized deduction letter within fourteen days, excluding Saturdays, Sundays or other legal holidays. We were out of city for f...

Are we required to provide usage split for 'non-refundable' pet cleaning fee as part of move out deduction. The tenant had given $500 refundable cleaning fee and $200 non-refundable pet cleaning fee. After move out, ...

l am trying to learn more about tax information and determine exactly which expenses are deductible and which aren’t. Specifically, fences, gutters, landscaping, to make the property more competitive for rent.
Also, ...

I am in a process of buying a property to rent it out. I know that the cost of bringing the house to habitable conditions is only deductible when you sell the property. But since you can deduct property maintenance ev...

Why can I fully deduction the cost to cut down a tree, but if I buy a chainsaw myself, I can't fully deduct the cost of the chainsaw? Or my time for that matter

Hello BiggerPockets!I've been consuming as much content from BiggerPockets the past 6+ months to plan for an earlier retirement than I initially thought possible. I plan to ease my way into REI by renting out my curre...

When you own a home, you receive a significant amount of tax deduction. Also, certain closing costs and loan discount points are tax-deductible. These tax deductions can bring a substantial amount of money back into y...

Supposedly they have introduced a bill (Not passed yet) to sheild unpaid federal workers from lenders and landlords. What a pain in the ass! This Gov't shutdown is going to affect way more people now. I don't know if ...

I am working with two agents who showed me a bunch of MFH properties: mostly duplexes, some 4plexes. One in UW, many in Greenlake, some in Cap Hill/First Hill and a couple in West Seattle. My plan is to house-hack wit...