Thank you again.I really do appreciate it.

Sorry. One last question. Just verifying that taking the option as investment on this property I can still take the schedule A deduction provided I have the doc...

Thanks for helping. I do appreciate it.

Thanks. I have the closing statement that lists the entry as deferred real estate taxes. How do I deduct any of the loss?TurboTax tells me that losses on my pro...

But I am told that losses on non-investment property are not deductible so how does that help me?Also, I am led to believe that I would be limited to $3000 per ...