rent property

Do I need to deduct property tax from the rent? Thank you

Quick Property Sale

can we rent a property while being bankrupt?

rent property

my husband is about to be made bankrupt so we now need to find a rental property for when we need to be out.
my question is can you rent a property while being bankrupt as i am confused by the situation.
thanks.

Quick House Sale

What if you can not rent you rental property?

rent property

I co own a rental with SO, we are splitting, I need a place to live (rental not an option due to location) dont really want to pay cap gains on sale . was thinking of taking my proceeeds and buying another rental property that I would live in at some point. I know all the tax rules on living in it to convert to primary, are ther any rules that if you cant rent it you can live in it an not pay the cap gain?

Rent Back Fast
property renovation

In ‘07 I spent about 18,000 adding a basement in-law apartment to my multi-family home. I was hoping I could write off the expense against my rental income. Is this legally possible?

Sell House Quick
property renovation

I am planning to rent out my house. I have made considerable renovations to the property. I was told that I could write these home improvements off when my house becomes a rental prop. What I am not clear on is whether I can write things off if I am working with a property management company or if I must manage the property myself. I am not sure if there is a difference.

I would appreciate any clarification on this from people in the know! I want to be assured that I can write off these improvements, as it exceeds $25,000 at this point. Thanks.

Passive Income