On a rental property, how exactly would the mortgage payment be classified in regards to the tax return? I know the interest on the loan, real estate taxes, and insurance are all deductible items. What about the princ...
Is Cash-for-Keys a tax deducible expense?
Can I claim monthly HOA payments to deducations at the end of year while filling Income Tax for investment / rental property ? If so, is there any limit or form. Any information would be highly appreciated.
Hi all, I am thinking of trying the lease-to-rent business model as advertised by Brian Page and I had a tax question. Can you deduce the amount you pay as rent as a business expense? So say I rent the property for $1...
Hi all,
I lived in my rental property for a couple months while making repairs. When it comes to deducting these expenses for taxes, do you know what the rule for this is? Are there any resources you can direct me to...
can I tax deduce the flight ticket which I exchange by miles rather than paid directly ?if yes, how can I determine the cost of the flight ? thanks
If you qualify as a real estate professional and you pay your own health insurance premiums - are they tax deductible? My CPA says no - unless you create a company, pay yourself a salary, etc.
What about if you hav...
At the moment I do not have the capital to invest in tax liens but I also know that there are institutional investors and private investors that hire people to bid on properties for them. I though that this would b...
16 Unit apartment building for sale Price $825,000 at a 8.83% Cap Rate in Waterbury , CTPlease can anyone confirm for me. Cap Rate is basically a fancy way of saying salary ? Salary = Cap Rate x Purchase Price Salary ...
I was introduced to the world of passive real estate investing through syndications and there are many benefits that to continue to be shared, including bonus depreciation. I’m new to this world so I don’t fully unde...