tax question

[Marc Heflin]

I am using quicken for real estate to handle all my finances. I am buying my first property, and am trying to categorize all the expenses. So here is how I understand it.
The down payment can not be written off.
All other expenses can be written off. Appraisal, points,etc. what would they be classified as? Does anyone know a site that breaks down what can be written off, and what can not be written off?

[Scott M.]

Marc - seriously - re read the first sentence Jon wrote - get a CPA and or bookkeeper - will totally be worth the investment.

Some will even teach you how to input things correctly into quickbooks - mine did.