Can mortgage interest from two homes be combined in filing our income tax?
We have mortgage interests from our primary home and another from a rental property. Can they be combined in filing our income tax for 2003? —Augustine, Medford
We have mortgage interests from our primary home and another from a rental property. Can they be combined in filing our income tax for 2003? —Augustine, Medford
Will I pay tax in Massachusetts on a 1031 tax exchange?
I sold my three-family house last year by using a 1031 tax exchange. I know that I will not be taxed federally but what about the Massachusetts state tax? —Teresa, South Boston
I sold my three-family house last year by using a 1031 tax exchange. I know that I will not be taxed federally but what about the Massachusetts state tax? —Teresa, South Boston
As a landlord, can I deduct cellphone charges?
I own a two-family house, and rent the first floor apartment. Can I deduct charges for my cellphone, which I have (in part) so my tenant can contact me when I'm not available at my work or home phone numbers? - Linda, Somerville
I own a two-family house, and rent the first floor apartment. Can I deduct charges for my cellphone, which I have (in part) so my tenant can contact me when I'm not available at my work or home phone numbers? - Linda, Somerville
Are there tax benefits to putting a plaque on my historic home?
I live in a condo that it is on the national historic register. Is it true that if we were to place a plaque on the front describing who lived there, year built, etc., we could receive some type of tax benefit? --Townie, Charlestown
I live in a condo that it is on the national historic register. Is it true that if we were to place a plaque on the front describing who lived there, year built, etc., we could receive some type of tax benefit? --Townie, Charlestown
