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Tax, SDIRAs & Cost Segregation

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Marc Heflin
  • Real Estate Investor
  • Concord, CA
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14
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tax question

Marc Heflin
  • Real Estate Investor
  • Concord, CA
Posted Jul 29 2009, 08:01

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?

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