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01-21-2010, 10:24 PM
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#1 |
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Any Tax guru's in here? CPAs? Question
Question:
I own a house and I know all the interest and taxes I can write off. I also own investment property. It is just land. I have horses that graze on it. Would I be able to take off the interest and taxes on it as well? We planned on building on it but it appears we will have to sit on it for some time now. It is listed as Green Swap/Residential so its Rural Thanks for any insight... |
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01-21-2010, 11:56 PM
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#2 |
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Florida C5
Drives: 2010 Camaro 2SS Vortech L99 IOM Join Date: Jul 2009
Location: Tequesta, FL
Posts: 2,608
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You can only write off the interest on a second home, quick, put a mobile home(tornado magnet) on it!
__________________
Ordered 11/08/08....Del. 08/05/2009 Loving every minute of it! Don't hate me because i'm Pretty....
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