Today TaxMama hears from Eric in the TaxQuips Forum, who is a new landlord. “During periods of vacancy (in between tenants), are mortgage and utility bills tax deductible at all? Also are the costs of replacement furnace filters and pest control items, etc. purchased and used by me (the landlord) deductible as operating expenses?”
Tag Archives: Landlord
Today TaxMama hears from someone with an endless set of questions. “It started out as a question about a lease buyout, which turned out not to be about an equipment lease, but a landlord-tenant lease, which turned out to be about a tenant-former tenant thing, which…”
Today TaxMama hears from Jack in the TaxQuips Forum, who had a really bad experience. “I have a rental property and rented to a woman for a total of 2 months. First, she gave me two bad checks (1st month rent and deposit) and moved in. I found out 2 wks later the checks were bad. […]
Today TaxMama hears from Joseph in New York, with this odd question. “In what situation would a landlord ask a tenant, who is on public assistance, to sign a ‘’Form W9’’ in the process of a lease for an apartment when the landlord is going to get paid from the city?”