loan,banking and credit
*Loan,banking and credit>>>tax information

I bought a home in colorado which i rent out, but rent in NY, how do I put this information on my taxes?


I was wondering would it be best to go to a accountant or do you think I can complete my taxes myself like I have been in the past?

For tax purposes the IRS does not care that you are a renter in NYC. This is not income or a deductible expense.

For tax purposes you do have to report the rental income for you CO property. You can deduct direct expenses that you incur for ownership of that property (although be careful and check with an accountant on what needs to be capitalized). You could go to an accountant but I believe tax software should walk you through this.
Tags
tax exempt tax filing tax forms tax help tax id tax information tax law tax number tax online tax planning tax preparation
Related information
  • I bought a home in colorado which i rent out, but rent in NY, how do I put this information on my taxes?
  • Need information on paying estimated taxes.?
  • I'am looking for information on deliquient property taxes in Tn.where can I find information about this?
  • If you have a job and no taxes are taken out what information must you keep up with yourself?
  • Loking for information on how to file taxes on a new bussniess?
  • Where can I find information on a decessed relatives taxes?
  • Can anyone give me any information about filing Massachusetts State Taxes as a college student?
  • How long do I have to keep all information for my MN state taxes and my federal taxes?
    •    

    SiteMap--Copyright/IP Policy--Contact Webmaster
    For personal non-commercial use only.