Qtax09
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yes and Turbo tax was deducting for me
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I inherited a rental property for a value of $750K. I sold it years later for $350.so that is a capital loss right? I have been deducting $3000 a year.
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Thank you.I put a new mortgage on my home. It was a commercial loan with a prepayment penalty of 3 yrs.I moved out immediately and converted it to a rental.I th...
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I recently got a commercial (non conforming) loan on my rental property with a three year pre payment penalty.If I sell the property before 3 years, will the pe...
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Thank you. But still do not understand how a rental property is treated with the loan prepay penalty.
Activity Feed for Qtax09
- Posted Re: CAPITAL LOSS CARRY FORWARD ON RENTAL PROPERTY on Get your taxes done using TurboTax. September 29, 2024 12:18 PM
- Posted Re: CAPITAL LOSS CARRY FORWARD ON RENTAL PROPERTY on Get your taxes done using TurboTax. September 29, 2024 11:04 AM
- Posted Re: Pre payment penalty on commercial loan for a rental property on Investors & landlords. September 29, 2024 11:00 AM
- Posted CAPITAL LOSS CARRY FORWARD ON RENTAL PROPERTY on Get your taxes done using TurboTax. September 29, 2024 10:49 AM
- Posted Re: Pre payment penalty on commercial loan for a rental property on Investors & landlords. September 22, 2024 9:09 AM
- Posted Re: Pre payment penalty on commercial loan for a rental property on Investors & landlords. September 19, 2024 11:59 AM
- Posted Rental property prepayment penalty on commercial loan mortgage deductable? on Investors & landlords. September 19, 2024 11:47 AM
- Posted Pre payment penalty on commercial loan for a rental property on Investors & landlords. September 19, 2024 10:31 AM
- Posted Can i deduct a loss incurred in real estate property purchase transaction on Deductions & credits. June 6, 2019 12:03 AM
- Posted How do I answer residency question? l lived one year in New York (2018) now back in Hawaii 2019 on State tax filing. June 4, 2019 10:24 PM
- Posted If I sold a stock in 2018 within my IRA at a loss, when can I take the deduction? on Investors & landlords. June 4, 2019 8:56 PM