Homeownership

Latest Articles

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  Who is liable for invasive tree roots?

  You just bought a place. Who pays if your tree damaged the neighbor’s property?

  3 min read Apr 06, 2022
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  6 steps to making the best home price bid

  You’ve found your dream home. These bidding tips can get you the price of your dreams.

  2 min read Apr 06, 2022
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  Must pay back first-time homebuyer credit?

  Due to your circumstances, you may not have to repay the first-time homebuyer tax credit.

  3 min read Feb 08, 2024
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  Must I report to the IRS the sale of inherited devalued property to Florida county?

  Though the county paid less than the property’s value, you must report it. Here’s how.

  2 min read Sep 09, 2021
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  Cost basis for gift of subdivided property

  Your cost basis is not the land’s value on the date when the land was subdivided.

  2 min read Oct 22, 2019
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  Basis for depreciation on rental property

  Here’s how to figure the basis for depreciation of the home you are converting to a rental.

  2 min read Sep 09, 2021
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  Deduct mortgage interest on a 2nd home?

  The interest on the home you bought for your in-laws may be deductible in these cases.

  2 min read Apr 11, 2022
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  Is payment for a right of way taxable?

  The payment will affect your property’s basis, so the first step is to calculate its basis.

  2 min read Apr 11, 2022
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  Deduct mortgage interest on three houses?

  You can deduct mortgage interest on two homes. But if you rent the third, you have an option.

  2 min read Sep 28, 2021
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  Deductible expenses of two homes

  You’re in a tough spot, but you can probably deduct property taxes and mortgage interest.

  2 min read Oct 20, 2021