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Are you familiar with home depreciation? We rented 1 room of
we rented 1 room of our home but stopped last year excuse me 2017 … read more
taxmanrog
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Master's Degree
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I have a rental house that i sold in 2018. It was rented in
I have a rental house that i sold in 2018. It was rented in January and February and then not listed for rent in March or April and i sold it in May. Where do i report the expenses that i incurred fro… read more
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I'm trying to fill out a 4797 form for the sale of rental property last year … read more
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Can I deduct the rental income lost during the period a
Can I deduct the rental income lost during the period a rental property sat idle and/or being repaired for sale?For example: - Renters moved out Jan 31 - House sat Idle for 2 months (due to delay with… read more
Robin D.
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Vocational, Technical or Trade School
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We did not claim rental income at anytime because the rent
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I live in Georgia and have a rental property in Wyoming. I
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Robin D.
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We used to live in an old house. We built a new home with an
We used to live in an old house. We built a new home with an in-law unit. That was completed in 2015. We moved to the new home the same year. The in-law unit in the new home and the old home were inte… read more
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what do i do home that was a rental, then was up for
what do i do for a home that was a rental, then was up for short sale in 2014 and sat vacant in 2014 until it sold in 2015. what do I do for taxes?… read more
Robin D.
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I recently sold a two-family property that we were renting
I recently sold a two-family property that we were renting and had inherited from a relative. We sold at a loss. We inherited the property in 2003 and sold it in 2013. To sell it we had to make $90k i… read more
PDtax
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I have a rental home which was rented all of 2013. Can I
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My home is worth less than the balance on my mortgage therefore
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emc011075
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Hi, One more question. I have moved to California and have
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R. Klein, EA
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Hi, I owned a property, purchased in 2001 and sold in 2009.
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I recently rented out what was my Dads house to help pay the
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I am currently renting out 2 rooms in my house, which is also
I am currently renting out 2 rooms in my house, which is also my primary residence (located in Washington, DC). Do I have to pay tax on the rental income? If so, can I take deductions on home expenses… read more
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We moved into another home in nov 2007. The old home [built
We moved into another home in nov 2007. The old home [built in 1935] needed substantial rehab before we could put it on the market to sell. We has to repair plumbing [$2500], foundation [$2100], remod… read more
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i bought a home in 2004 for 149000 and sold it in 2008 for
i bought a home in 2004 for 149000 and sold it in 2008 for 127000, can i deduct my loss from my 2008 return.......also i sold another home in 2008 that i paid 9200 dollars via the Seller Funded Down P… read more
Ed Johnson
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selling part of our land and keeping the rest will we have to pay a ca
We have 10 acres and 4 mobiles with 3 tax numbers. If we sell two of them one which has been rented out for six months and it cost us more to get set up than wehave gotten back in rent and will not ha… read more
Lev
Lev
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