Hello, I had a tenant just move out and had to do quite a bit of work to the property to get it rent ready again.  We gave the property to them in pristine condition.  They are contesting my deductions from their depo...

We moved out of our primary residence in Tennessee and relocated to South Carolina in July of 2016. We have spent about 7 months getting the home ready to become our first rental property. It has taken that long due t...

My understanding of the new IRS regulation to take effect Jan. 1, 2014, is that the "safe harbor for small taxpayers" regulation will allow qualifying taxpayers to avoid having to determine whether an expenditure ...

I am still alittle confused about the $5000.00 allowed "start up deductions". Maybe someone here has the answers:
This will be the first home that I will rent out. I just bought it as an REO and am waiting for escrow...

I'm a real estate investor (first timer about to sell my first flip). I bought a condo back in May 2006 for $149k, rehab costs are approximately $25k, sales price $230k, RE Agent's commission 4.5%.

My question comes...

Hello.  I am wondering how everyone deducts their expenses when offers fall through such as wire fees when they do not have ownership of that property for tax purposes.

So I was watching BP podcast 162 with Amanda Han. My question is can use the I claim my travel expenses to Hawaii based on a planned timeshare meeting? Does timeshare meeting counts as real estate investing?

My buddy is considering buying a duplex, living in half, and renting the other half.

Would he be able to deduct all the interest paid on his mortgage, or only half because the other half is a rental?

Thanks in adva...

My friend owns a rental unit in downtown Chicago.  All 300 condos will need new exterior door, the original contractor used the wrong -cheap- type and now they all need to be replaced including the frame. If one repla...

Hi, got an extension of filing since getting bogged down with details. I have two residences I airbnb out (whole house) when not there. My expenses far exceed my income and so I'm getting limited on many expenses. Can...