I live in Georgia and own a second home in Texas, which I rent to my in-laws at a rate below fair market value. My in-laws pay the mortgage, and I do not make any extra money from the rental. Can I legally write off the interest and taxes paid on this property?
October 26th, 2024
I am a single woman who bought her home for $225k eight years ago and is selling it for $530k next month. I still owe $120k on the house. Am I over the $250k limit to avoid capital gains? What about the 6% realtor commissions?
July 5th, 2024
I have not heard anything about my state refund and would like some answers to what is going on.
August 6th, 2023
How do you estimate taxes when self-employed?
April 13th, 2024
Is a certificate of authority number the same as a Federal Tax I.D. number?
November 2nd, 2024
Can I deduct my insurance premiums and prescription medicine expenses from my taxes? I pay $200 a month for premiums and $150 for medicine.
December 10th, 2023