The IRS recently released a draft version of Form 8825 and its instructions, revealing a few changes to what’s required. One ...
What are the IRS reporting requirements for rental income? If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS ...
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Is homeowners insurance tax deductible? What you can and can’t write off
If you're a homeowner trying to trim your tax bill, you might be wondering: is homeowners insurance tax-deductible? Here's the details you'll need to know.
Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q: I have a rental property in the U.S. What are some last-minute tax deductions I can take ...
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