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Real Estate Deductions Questions & Answers
Are closing fees tax deductible?
by Answerbag Staff on May 12th, 2010
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one answer
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in Deductible Closing Costs
Are closing fees tax deductible?
by Answerbag Staff on May 12th, 2010
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one answer
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in Deductible Closing Costs
Are closing costs on a refinance tax deductible?
by Answerbag Staff on May 6th, 2010
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one answer
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in Deductible Closing Costs
When refinancing a mortgage what charges are considered points for tax purposes?
by Answerbag Staff on February 6th, 2010
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one answer
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in Deductible Closing Costs
Are origination points tax deductible?
by Answerbag Staff on May 4th, 2010
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one answer
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in Deductible Closing Costs
Are closing costs on a refinance tax deductible?
by Answerbag Staff on May 6th, 2010
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one answer
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in Deductible Closing Costs
Can I write off closing costs?
by Answerbag Staff on April 4th, 2010
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one answer
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in Deductible Closing Costs
Are origination points tax deductible?
by Answerbag Staff on May 4th, 2010
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one answer
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in Deductible Closing Costs
What can you write off closing costs when refinancing your home?
by Answerbag Staff on March 12th, 2010
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one answer
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in Deductible Closing Costs
Can I write off closing costs?
by Answerbag Staff on April 4th, 2010
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one answer
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in Deductible Closing Costs
When refinancing a mortgage what charges are considered points for tax purposes?
by Answerbag Staff on February 6th, 2010
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one answer
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in Deductible Closing Costs
What Closing Costs Can I Deduct from my Income Tax?
by Answerbag Staff on December 15th, 2009
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one answer
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in Deductible Closing Costs
What Closing Costs Can I Deduct from my Income Tax?
by Answerbag Staff on December 15th, 2009
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one answer
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in Deductible Closing Costs
What can you write off closing costs when refinancing your home?
by Answerbag Staff on March 12th, 2010
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one answer
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in Deductible Closing Costs
Can you use closeing cost on a reverse mortgage for tax purpose's
by Anonymous on December 9th, 2009
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one answer
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in Deductible Closing Costs
CAN I REPORT ALL THE BUILDING VIOLATIONS I PAID LAST YEAR IN MY INCOME TAX
by MOLLYBECO on October 20th, 2009
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one answer
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in Deductible Closing Costs
May closing cost for a refinance on a mortgage be deducted for the 2009 income tax return?
by Anonymous on July 30th, 2009
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one answer
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in Deductible Closing Costs
Can I deduct the real estate taxes I pay on my home?
by Anonymous on March 13th, 2009
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3 answers
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in Deductible Closing Costs
I had damage to my home my car was totaled and lost many trees from a storm can i claim these losses?
by NANNY on February 16th, 2009
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one answer
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in Deductible Closing Costs
I started a small business in 2007 and used the house as a office. In 2008 we built an office on our home property(not attached to the house). Can I write off the cost of the building we built. If so can I write the whole cost off for the 2008 tax year?.
by dodge123 on February 16th, 2009
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one answer
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in Deductible Closing Costs
Bought a house at foreclosure in 2008 paid $55000 cash. Did a total renovation that cost $27000 cash. Did not sell in 2008. How do I declare this for 2008 and when sold in 2009
by froger on January 27th, 2009
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in Deductible Closing Costs
If I Re-fied my home in 2008, is there anything I can deduct from the re-fi for my tax return?
by jaybird28 on January 26th, 2009
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one answer
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in Deductible Closing Costs
First time home buyers credit: If one spouse is a first home buyer and the other isn't, can the credit be taken if taxes are filed married filing separately?
by Leanne on January 25th, 2009
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one answer
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in Deductible Closing Costs
If I accept an overseas assignement with my cmpny and leave my home vacant, can i claim it on my annual tax returns for homestead /exemption or deduction as my primary residence even though I'm living abroad/i wont be buying a home overseas
by FrankL on January 25th, 2009
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one answer
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in Deductible Closing Costs
I am a widow. My home is in a "B" Trust. May I deduct the interest on my home loan on my income taxes?
by Anonymous on January 14th, 2009
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no answers
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in Deductible Closing Costs
I put money down on new construction before the market went south and couldn't sell my current home. I lost my down payment. Is there any deduction for this situation?
by Anonymous on January 5th, 2009
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one answer
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in Deductible Closing Costs
I'm building a house that has about 25% space being a home office, and wonder if the construction cost and architect cost is eligible for any tax deduction. If so, which tax form should I issue for the contractor and the architect? Is it 1099-misc form?
by Anonymous on April 25th, 2008
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one answer
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in Deductible Closing Costs
How much per mile can a realtor claim?
by ez4ya on April 14th, 2008
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one answer
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in Deductible Closing Costs
Have a pipeline crossing our property for which we were compensated. This was a one time payment, but pipeline is permanent. 1099 shows payment as rental. Can any portion of this be shown as damages and deducted from payment/
by Anonymous on March 30th, 2008
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one answer
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in Deductible Closing Costs
Can you deduct the purchase of vacant land?
by Anonymous on February 28th, 2008
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one answer
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in Deductible Closing Costs
If I have a new barn built on my farm how many years can I take to depreciate it out. For instance if I paid $20,000.00 for the barn could I depreciate it out over 5 years taking $4,000.00 off per year? Also is the interest tax deduc
by chedder on February 15th, 2008
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one answer
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in Deductible Closing Costs
Is the interest paid on a UCC1 Loan tax deductable?
by Anonymous on February 14th, 2008
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no answers
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in Deductible Closing Costs
I am divorced, can I deduct house payments that I am making for a house that the ex-wife (and child) lives in that is in a foreign country?
by Anonymous on January 22nd, 2008
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2 answers
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in Deductible Closing Costs
Recently sold house and made $55K profit. Had to pay $6K of buyer's closing costs. Are these costs deductible?
by Anonymous on January 7th, 2008
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2 answers
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in Deductible Closing Costs
If the buyer includes the closing cost on a mortgage, would the seller have to include that amount on their capital gains or would that be tax deductible because it is for closing cost? Please provide your source of information!
by researcher on September 6th, 2007
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one answer
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in Deductible Closing Costs
I purchased a rental property last year. What closing costs can I deduct?
by AB-Answerbot on March 8th, 2007
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2 answers
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in Deductible Closing Costs
Can you deduct closing costs from the sale of vacant land?
by lisa bond on March 29th, 2006
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no answers
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in Deductible Closing Costs
Can I deduct the realtor's commission from my taxes?
by Tammy Curry on January 24th, 2006
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2 answers
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in Deductible Closing Costs
When I sell my secondary home and have capital gains income, can I deduct lawyer fees and closing fees paid to realtor?
by Anonymous on October 9th, 2005
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2 answers
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in Deductible Closing Costs