Tag Archives: deduction

Back to Basics: What Property Expenses are Deductible?

What Property Expenses are Deductible

This week, I wanted to take a closer look at real estate tax questions that begin with the phrase, “Can I deduct,” and then mention the cost of fixing or upgrading something in the house. Sometimes the writer mentions that ...

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Can I use Home Improvements as a Tax Deduction?

home improvement and tax deductions

The rules regarding tax deductions for home improvements and repairs can be complex and confusing, even for the pros. But sooner or later, all properties are going to need a little TLC – and you’re going to have to figure ...

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Homebuyer Tax Deductions: The Ten Commandments

Homebuyer Tax Deductions: The Ten Commandments

It’s human nature to want to amass as many tax deductions as you can when you purchase a home. Many taxpayers, though, are too aggressive, confusing personal property and investment property tax rules. They wind up trying to take deductions ...

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