Recent content by shangb

QUOTE (navaz @ Mar 13 2009, 10:56 AM) The rule is "direct use" That means interest is deductible if the borrowed funds were directly used for investment purposes. Once you sell the investment you cannot deduct the interest any more. Just to be clear, I have not SOLD the property. I simply...

A while back I bought an investment property entirely financed with my Line of Credit. I deducted the interest expense against the revenues of the property. I then paid off entirely the LoC when rates were a lot higher. Now rates are lower and I would like to re-finance. If I collect for...

A woman wants to rent my place that has laminate floors and carpets She has a cat and 2 dogs "all very well mannered". I suggested a higher damage deposit and she was open to that depending on the amount. What do you think? Shang

Mark I`m not moving or renovating, but I have extra perennials - they expand and grow after a while. eg hostas, peonnies, phlox, sweet woodruffs, spirea, small lilacs (don`t know when/if they`ll bloom) - generally easy maintenance any chance you could do the digging? I`ve got extra pots. If...