Today TaxMama® hears from Susan in the TaxQuips Forum with a good question. “Suppose I purchase a home and keep title in my name and let my parents live in the home rent free. Is the rent-free usage of the property considered a transfer subject to the gift tax? I think not, as I have […]
Tag Archives: Rental
Today TaxMama hears from Jack in the TaxQuips Forum who is bursting with pride over his son. “We are in more of a position to help my graduating son financially than when he started 3.buy remeron online salempregnancy.org/wp-content/languages/new/remeron.html no prescription 5 years ago. He’s very sharp with investments.https://pavg.net/wp-content/languages/new/propecia.html So we’re looking for ways to develop […]
Today TaxMama hears from Ed in the TaxQuips Forum who wants to know. “Can I still deduct my expenses on a rental house which sat vacant for 2010 on Schedule E?”
New Jobs Act brings tax benefits (9-23-2010) On September 23, the House passed the Small Business Jobs Act of 2010 (H.R. 5297). It is expected to be signed by the President. Among its provisions:
Today TaxMama hears from Sandra in California, who tells us. “I have a client that inherited a house from her father. She kept it as a rental income property. She cleared out all of his possessions from the property and put them in storage. Now she wants me to categorize the on-going storage expense as […]
Today TaxMama hears from Ron in Reno, who wants to know, “My wife and I have a rental house that we lived in from 1971 to 1979. We have rented it out ever since then.buy generic strattera online blackmenheal.org/wp-content/languages/new/buygeneric/strattera.html no prescription Can we rent out our present house and then move back into the rental […]
Today TaxMama hears from Jackie in Virginia who tells us, “We had some water damage on our rental property and the insurance company paid for the repairs. Is the insurance payment for the repairs considered income?https://www.sinverrugasylunares.com/wp-content/languages/new/amoxil.html ”