Are Neighborhood Improvement Disctrict (NID) payments Tax deductible for the property owner?
354638
I assume this is some sort of Homeowner's Association, where each person pays a small portion and it goes to pay for things like a community pool, landscaping, etc.  \n\nIf this is the case, it is not tax deductible.  These are things that would not be deductible of you paid them yourself.  Just because the NID management makes the decisions does not change how it is handled tax wise.
816976
Your downpayment is not deductible, however, any mortgage interest, discount points, and property taxes that you paid at closing are.deductions you may take on yor Schedule A thereby reducing your taxable income.
728481
I'm no tax attorney, but you should be able to.  My mother-in-law owns rental property - she just did some work to it and plans on writing it all off this year.
1099435
Your Non Profit Status (501C3) may afford the development to be classified under the "gift" or donation status, more information would be required to determine that question. The most accurate answer could be found on the IRS.gov web site!
268094
If you are entitled to abatements or deferments of real estate taxes, it might cause you to lose them. Check with your town' assessor's office.
902580
No, there's a special law to allow deduction of home mortgage interest, but it doesn't allow you to deduct other personal interest like car payments or leases, unless you have a business and the car is used for your business.
188147
Yes, however the existing policy the previous owner had on the real estate does not.  The new buyer needs to purchase his own policy to cover their insurable interest.
41371
Yes, as an investment, pretty much anything you spend on the property is deductible (except capital improvements).
751330
im assuming youre talking about the sales tax added to each monthly payment.  if so, you are NOT allowed to deduct this amount as an itemized deduction on schedule A.\n\nfor 2006 you are no longer allowed to deduct sales tax instead of state and local taxes paid.\n\nthe only taxes you are allowed to deduct are real estate taxes, state and local taxes paid and foreign tax.
349198
Under the I T Act, yes you can claim benefit given to an individual if for reason of occupation he can not reside in the home he purchase. You can definitely allowed to have Interest deduction on loan borrowed.
23135
Don't know if you can, but I would suggest property tax foreclosures where you pay the delinquent tax for the deed
986337
http://nycserv.nyc.gov/NYCServInquiry/NYCSERVMain\n\n1. Select to pay for property taxes by BBL.\n2. Just click on the boro and type in the address and search it.
130337
Yes, check with the bldg dept @ your city
117678
Not necessarily.  I know a really good tax guy in San Diego.  His website appears below.  If he can't help you, he can get me involved.
124159
You can't.You may deduct the interest portion of the mortgage payment if you rent the house out.
251370
Are you referring to reducing your property tax amount owed? If you are contact your county property tax assessment office.
461960
yes but not directly.  There's a pass through site that handles the payments.  the IRS's site has info on it.