Tag Archives: Tenant

Selling Rental House

  Today TaxMama hears from Debra in the TaxQuips Forum who wants to know. “How can I sell my rental home without paying taxes on the profit?” (Actually, the question is much longer. You can read the details, here.)

Homebuyer Credit Nightmare

  Today TaxMama hears from Jewelz in the Tax Quips Forum, in distress. “I purchased my primary residence in October of 2009. My roommate moved out in April 2011. That led me to turn home into a rental due to not being able to make mortgage payments. I am barely breaking even, so there is […]

Tenant Mess

Today TaxMama hears from Anne in New Jersey with this problem. “My tenant was evicted on 6/30/09. She left owing $4,000 in back rent – and she vandalized the townhouse. So far, I have spent $13,000 in repairs (contractor fees and supplies) to bring the townhouse into rentable condition. Can I claim the $13,000 on […]