Homeownership

Latest Articles

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  Cost basis for gift of subdivided property

  Your cost basis is not the land’s value on the date when the land was subdivided.

  2 min read Nov 20, 2014
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  Basis for depreciation on rental property

  Here’s how to figure the basis for depreciation of the home you are converting to a rental.

  2 min read Nov 18, 2014
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  Deduct mortgage interest on a 2nd home?

  The interest on the home you bought for your in-laws may be deductible in these cases.

  2 min read Jun 17, 2014
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  Is payment for a right of way taxable?

  The payment will affect your property’s basis, so the first step is to calculate its basis.

  2 min read Apr 01, 2014
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  Deduct mortgage interest on three houses?

  You can deduct mortgage interest on two homes. But if you rent the third, you have an option.

  2 min read Mar 06, 2014
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  Determining basis as a joint tenant

  You would have gotten a bigger tax break if your aunt had left her property to you in a trust.

  3 min read Dec 10, 2013
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  External obsolescence devalues property

  Ugly, smelly, loud neighbors dent home values up to 10 percent. What can you do about them?

  2 min read Jul 30, 2013
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  Neighbors funnel their rain into our yard

  When the adjacent property uses your backyard for drainage, try diplomacy first, then threats.

  2 min read Aug 26, 2012
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  Capital gains tax on inherited property?

  The rules that apply to inherited property in the U.S. also apply to inherited foreign property.

  2 min read May 08, 2012
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  Deducting investment interest expense

  Your mortgage interest can offset investment income from dividends, interest and capital gains.

  2 min read Jan 12, 2012