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Q: Can i write off real estate taxes on rental property?
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What can you write off your taxes for an investment property?

I assume you mean property taxes. Yes, you can claim an itemized deduction on Schedule A.


My son is on the grant deed of my property. How can he write off taxes and interest on this property I do not file taxes, I'm on soc sec income?

Your son also has to be on the mortgage in order to be able to write off taxesv and interest on this property.


Pay Mom's property taxes write off my tax return?

No.


My son rents apartment in San Pedro. He is on the grant deed of my property. Can he write off my interest and taxes on my property in Fullerton How can he do it?

He can if he is paying them and you have not claimed them already on your taxes.


How do you go about real estate blogging?

Hi. write on tenants and landlord issues, property ownership policies and investing in the real estate sector. Regards, Brett


How do you write letter for renting a house?

When writing a letter to rent a house, start by addressing the landlord or property manager. Introduce yourself and explain your interest in renting the property. Include details such as the desired move-in date, rental term, and any relevant information about yourself such as employment and rental history. Close the letter by expressing your interest in discussing the rental further.


When buying a property how can one get in direct contact with the owners?

If a real estate agent is selling the property for the owners, you can not contact them. You will have to communicate through the agent. You can write a letter and ask the agent to deliver it if you would like.


What is it called to sell land and purchase different land to avoid taxes?

There's no such thing. Any time you sell property you are charged capital gains tax taken out at settlement. You can't avoid that tax. Any time you buy property, unless it's for business purposes, you still pay taxes on it and your regular salary. If it is a business property, you're still paying taxes on income, you can just write off a lot of other things to compensate.


How do you write a sentence using the word estate?

The castle estate was huge. The man left a small estate to his heirs.


Can I write off a junk car donation on my taxes?

You can write off almost any donation on your taxes. Junk car donation is also something that you can write off.


What is an exciting fact about investing the real estate?

I'm not sure if it's exciting for you, but tax breaks! There is a reason why wealthy people buy real estate. Purchasing investment property allows you to write off certain items when it comes tax season. Consult with your CPA about the specifics.


What if you have no will and you want to appoint someone executive of estate?

Write a will! That is the way to appoint someone executor of the estate.