http://living.apartments.com/landlordResources/ Landlord Community Forum: Tax Planning for Landlords en Mon, 23 Nov 2009 03:56:20 +0000 http://living.apartments.com/landlordResources/topic/taxes#post-258 Fri, 15 Feb 2008 15:56:56 +0000 mgold 258@http://living.apartments.com/landlordResources/ <p>Yes, according to the IRS any funds withheld from a deposit are counted as income in the year they are retained... </p> http://living.apartments.com/landlordResources/topic/taxes#post-257 Fri, 15 Feb 2008 15:18:21 +0000 aroberts 257@http://living.apartments.com/landlordResources/ <p>I ended up keeping half of my tenant’s security deposit, does this count as income that I need to declare? </p> http://living.apartments.com/landlordResources/topic/can-landlord-write-off-legal#post-157 Fri, 11 Jan 2008 20:02:43 +0000 Lesley 157@http://living.apartments.com/landlordResources/ <p>I hired an atty. to deal with a problem tenant. It was 2K, can I write this off? </p> http://living.apartments.com/landlordResources/topic/what-are-my-basic-taxes#post-142 Fri, 28 Dec 2007 22:54:36 +0000 Mercedes 142@http://living.apartments.com/landlordResources/ <p>I own and lived in a condo unit for four years. On June 2007 I decided to buy a house with my boyfriend and move in it but I don't want to sell my condo property yet. As result, I kept the condo property renting it for a value that barely pay the expenses of it (mortgage, assoc fees, taxes, etc).<br /> What are my taxes responsabilities on that property? </p> http://living.apartments.com/landlordResources/topic/in-terms-of-maintaining#post-25 Thu, 18 Oct 2007 19:29:27 +0000 admin 25@http://living.apartments.com/landlordResources/ <p>Basically any costs that you incur for keeping your property up are deductible. Maintaining the yard and the outside of your building or home are all considered maintenance costs and are deductible according to the IRS. For example, the costs you pay to get the windows cleaned and to service your lawn mower are deductible. </p> http://living.apartments.com/landlordResources/topic/can-you-deduct-private#post-24 Thu, 18 Oct 2007 19:29:02 +0000 admin 24@http://living.apartments.com/landlordResources/ <p>Yes, according to the IRS. </p> http://living.apartments.com/landlordResources/topic/can-you-deduct-private#post-14 Thu, 18 Oct 2007 16:21:43 +0000 admin 14@http://living.apartments.com/landlordResources/ <br /> http://living.apartments.com/landlordResources/topic/in-terms-of-maintaining#post-13 Thu, 18 Oct 2007 16:21:32 +0000 admin 13@http://living.apartments.com/landlordResources/ <br />