My income is too low to apply for a loan. If I use a Partner to co sign a mortgage loan for me (specifically an FHA loan), am I still eligible for the tax deductions??

How do tax deductions work if building a new rental property? I understand you can depreciate things like HVAC and roof over so many year. Does that same depreciation apply to new construction. For example if I buil...

I recently bought  a duplex, and I am living in one side while the other side is rented out to a long term tenant. While I am living in one side I am doing some renovation projects on the side I occupy: complete bathr...

Experienced landlords:Generally speaking, when you are turning a property between long term tenants, do consider re-painting as a “standard” part of the process? Or, do you consider that as “extra” wear and tear and d...

Brought rental 2021, rented 2022. In looking at tax deductions, it appears that a business doing under $25M can deduct all expenses, including remodeling materials and labors, versus capitalizing some that are require...

Had a question about deduction of property taxes on investment property.So the limit of property tax deduction on personal home is $10K.Is the deduction of property tax on investment property counted separate?Meaning,...

Question 1:    I completed my first FLIP a couple months ago.  I kept track of all my mileage assuming this was a deductible expense.  I'm not sure I did it correctly vs the IRS though.  On days that I went to the pro...

Is there a list for what I can use for standard mileage deductions for my rental properties Business

*Incomes over 8-Figures*So I’ve tried to avoid publicly coming out as far as what my financial situation will look like going into 2021, however I keep getting conflicting advice from each new CPA and tax attorney I s...

How do I determine how much my deductible should be?  Right now, I selected a $1,000 deductible and was wondering if I should increase this amount.