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I HAVE OVER $48,000.00 IN INTREST. ON MY SPEC HOUSE THAT WILL NOT SELL.MY CPA TELLS ME I CAN NOT DEDUCT THIS COST.FRUSTRATED IN MN.

Submitted: 577 days ago.
Category: Tax
Value: $30
Status: CLOSED
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Optional Information

Optional Information:
pequot lakes, Minnesota

Already Tried:
my cpa

Posted by LEV 576 days and 23 hours ago.

Info Request

Please specify - if that is your primary home? second home? rental property? other?

576 days and 23 hours ago.

Reply

Reply to LEV's Post:

THIS IS NOT MY SECOND HOME. THIS IS A SPECULATION HOME FOR SALE.THAT WILL NOT SELL. I HAVE PAID $48K IN INTREST.MY CPA WILL NOT ALLOW ME TO WRITE THIS OFF.

Posted by LEV 576 days and 23 hours ago.

Info Request

  • When did you purchase the home?
  • Did you spend any money for improvements?
  • How do you use the property? Is it just stay empty? for how long?

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