ARCHIVED BLOG POSTS
I'm somewhat confused by our government's choices in stimulus money. The last homebuyer $8000 tax credit was for first time home-buyers only. Obviously any property investor is out of luck on this one. This new one is a $6500 for a repeat home buyer, as long as it is for their primary...
This comes as routine for many home owners and landlords, but I find when I ask various other landlords I know they often aren't taking all their deductions. Usually in the form of depreciable improvements, or in wild cases, depreciation on the house itself! There's a book out there I go...