Rental property owners can take advantage of interest as their biggest tax deductible expense. If you are paying interest payments on a loan you obtained to buy the property, or if you pay interest on credit cards for services and goods incurred due to rental, you can declare these for tax deduction purposes. 2. Tax [...]

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Times are tough, and many foreclosure properties have been stripped by their owners before being abandoned. Appliances, lighting fixtures, window coverings, countertops, and even flooring have often been removed and sold in an attempt to hang onto the structure. Graffiti born of frustration sometimes covers the walls. Short sales can take many months to close, [...]

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