Recent content by freestuff_IHB

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    Is lost deposit tax dedutible?

    <p>Thanks the replies. You guys are really knowledgeable. </p> <p>I know that it is not deductible for primary residence as ipoplaya pointed out. But my intended purchase was for rental purpose. I already have other rental properties. I have rental income and expense.</p> <p>Anybody...
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    Is lost deposit tax dedutible?

    <p>All the experts out there,</p> <p>I am an unlucky one here. I lost about $10K deposit money from backing out a condo purchase agreement. Now, it is tax time. I am wondering if this loss is tax dedutible? If it is dedutible, what form should I use? Before I go to an accountant, I just like...
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    What Will Happen to Irvine Rental Prices?

    <p>IrvineRenter,</p> <p>Contrary to your OPINION, the FACT is that the rent is climbing and the rental inventory is down. This chart (<a href="http://www.ochomereview.com/homewp/chart/">http://www.ochomereview.com/homewp/chart/</a>) shows it. The price per sq foot goes from around 1.74 to 1.84...
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