MISC estate & abusive tax avoidance transactions

Frequently Asked Questions

How can I recognize an abusive tax avoidance transaction?

How can I recognize an abusive tax avoidance transaction?
Frequently Asked Questions

How do I deduct the administration expenses of my father's estate?

How do I deduct the administration expenses of my father's estate?
Frequently Asked Questions

Real estate (taxes, mortgage interest, points, other property expenses)

Frequently Asked Questions

I have a mortgage for land that I intend to build a home on. Can I take the home mortgage interest deduction?

I have a mortgage for land that I intend to build a home on. Can I take the home mortgage interest deduction?
Frequently Asked Questions

If I must deduct points over the life of my mortgage, and I have a 30-year mortgage, should I divide the points paid by 30 and enter that amount on Schedule A of Form 1040?

If I must deduct points over the life of my mortgage, and I have a 30-year mortgage, should I divide the points paid by 30 and enter that amount on Schedule A of Form 1040?
Frequently Asked Questions

Is interest paid on a home equity loan or a home equity line of credit (HELOC) deductible?

Is interest paid on a home equity loan or a home equity line of credit (HELOC) deductible?
Frequently Asked Questions

I took out a home equity loan secured by my main home to pay off personal debts. Is this interest deductible?

I took out a home equity loan secured by my main home to pay off personal debts. Is this interest deductible?
Frequently Asked Questions

Is the mortgage interest and real property tax I pay on a second residence deductible?

Is the mortgage interest and real property tax I pay on a second residence deductible?
Frequently Asked Questions

Is money received from the sale of inherited property considered taxable income?

Is money received from the sale of inherited property considered taxable income?
Frequently Asked Questions