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	<title>Chicago Real Estate &#187; United States</title>
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		<title>Is there a real estate guru out there? would my property tax drop if i pay less than the assesed value?</title>
		<link>http://chicago--real--estate.com/is-there-a-real-estate-guru-out-there-would-my-property-tax-drop-if-i-pay-less-than-the-assesed-value/</link>
		<comments>http://chicago--real--estate.com/is-there-a-real-estate-guru-out-there-would-my-property-tax-drop-if-i-pay-less-than-the-assesed-value/#comments</comments>
		<pubDate>Sat, 03 Jul 2010 14:14:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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supermoren02130 asked: Is there a real estate guru out there? if the assessed property value of a house is 150k and i purchase it for 80k, how much would my property tax be? How do I calculate  the property tax?
the answere are grat, but, how does this applyies to my case.
can someone explain.
the answere [...]]]></description>
		<wfw:commentRss>http://chicago--real--estate.com/is-there-a-real-estate-guru-out-there-would-my-property-tax-drop-if-i-pay-less-than-the-assesed-value/feed/</wfw:commentRss>
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		<title>can I deduct a monetary loss from real estate on my taxes?</title>
		<link>http://chicago--real--estate.com/can-i-deduct-a-monetary-loss-from-real-estate-on-my-taxes/</link>
		<comments>http://chicago--real--estate.com/can-i-deduct-a-monetary-loss-from-real-estate-on-my-taxes/#comments</comments>
		<pubDate>Thu, 01 Jul 2010 07:39:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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Carissa B asked: Recently bought a house in California, but am relocating for a job to another state.  Because the real estate market is down, I will be taking a loss on my house.  Is this tax deductible?Huntsville Al Real Estate
]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Can I claim the real estate tax that was paid through my closing costs?</title>
		<link>http://chicago--real--estate.com/can-i-claim-the-real-estate-tax-that-was-paid-through-my-closing-costs/</link>
		<comments>http://chicago--real--estate.com/can-i-claim-the-real-estate-tax-that-was-paid-through-my-closing-costs/#comments</comments>
		<pubDate>Thu, 17 Jun 2010 14:14:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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JG asked: I just bought a house in August. And was filing my 2009 taxes and was wondering if I was able to claim my real estate taxes (property taxes, winter and summer) that were paid by me from the closing costs.
http://www.irs.gov/pub/irs-pdf/p530.pdf 
According to this I can, but this is for 2008 returns.Walk In Bathtub
]]></description>
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		<slash:comments>5</slash:comments>
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		<title>How do I deduct my hand tools for my real estate practice and client party?</title>
		<link>http://chicago--real--estate.com/how-do-i-deduct-my-hand-tools-for-my-real-estate-practice-and-client-party/</link>
		<comments>http://chicago--real--estate.com/how-do-i-deduct-my-hand-tools-for-my-real-estate-practice-and-client-party/#comments</comments>
		<pubDate>Sun, 30 May 2010 14:37:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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sanjonny asked: Two in one question. I am a real estate broker and I manage properties. In the process I have to do repairs on certain properties and have purchased hand tools for this purchase. I don&#8217;t want to have  to capitalize and all that for a 3.99 screwdriver so how do I deduct [...]]]></description>
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		<slash:comments>7</slash:comments>
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		<title>What docs does my accountant need for rental real estate at tax time?</title>
		<link>http://chicago--real--estate.com/what-docs-does-my-accountant-need-for-rental-real-estate-at-tax-time/</link>
		<comments>http://chicago--real--estate.com/what-docs-does-my-accountant-need-for-rental-real-estate-at-tax-time/#comments</comments>
		<pubDate>Wed, 21 Apr 2010 10:58:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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K.Ro asked: It will be my first time claiming my home as rental real estate when I do my 2009 taxes.  I will be using Schedule E.  I know I need to bring records of expenses and also what I&#8217;ve profited from rent, but what other documents do I need to have ready [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>If I claim to be a real estate professional for tax purposes, is my income subject to FICA?</title>
		<link>http://chicago--real--estate.com/if-i-claim-to-be-a-real-estate-professional-for-tax-purposes-is-my-income-subject-to-fica/</link>
		<comments>http://chicago--real--estate.com/if-i-claim-to-be-a-real-estate-professional-for-tax-purposes-is-my-income-subject-to-fica/#comments</comments>
		<pubDate>Tue, 13 Apr 2010 08:14:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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capn bob asked: I qualify as a real estate professional for tax purposes.  I own and manage over 25 rental properties.  I have not claimed that status in the past.  I have recently married and my husband has retirement and investment income in excess of the maximum income amount allowed under the [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>How do you calculate real estate tax savings?</title>
		<link>http://chicago--real--estate.com/how-do-you-calculate-real-estate-tax-savings/</link>
		<comments>http://chicago--real--estate.com/how-do-you-calculate-real-estate-tax-savings/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 16:49:12 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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kurt_belisle asked: My goal is to find the impact of my real estate interest deduction against my federal income tax return in real dollars?Baltimore Maryland Real Estate
]]></description>
		<wfw:commentRss>http://chicago--real--estate.com/how-do-you-calculate-real-estate-tax-savings/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>How can taxes you pay on real estate benefit your income tax return?</title>
		<link>http://chicago--real--estate.com/how-can-taxes-you-pay-on-real-estate-benefit-your-income-tax-return/</link>
		<comments>http://chicago--real--estate.com/how-can-taxes-you-pay-on-real-estate-benefit-your-income-tax-return/#comments</comments>
		<pubDate>Fri, 26 Feb 2010 00:17:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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		<description><![CDATA[
ocman21 asked: I&#8217;m doing a project for my business class, and I need lots of informations on this question.
Also I have another question:
What type of taxes do you have to pay on real estate?Chula Vista Ca Real Estate
]]></description>
		<wfw:commentRss>http://chicago--real--estate.com/how-can-taxes-you-pay-on-real-estate-benefit-your-income-tax-return/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>How do you know if you can claim Real Estate Professional?</title>
		<link>http://chicago--real--estate.com/how-do-you-know-if-you-can-claim-real-estate-professional/</link>
		<comments>http://chicago--real--estate.com/how-do-you-know-if-you-can-claim-real-estate-professional/#comments</comments>
		<pubDate>Thu, 04 Feb 2010 11:53:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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Jenga asked: I don&#8217;t want to get audited by the IRS but I hear that Real Estate Professional &#8211; non passive activity is a big issue &#8211; can you tell me what the IRS will question and look for if I claim Real Estate Professional, do they require anything when you are audited?  Please [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>How do deduct real estate taxes on 1040a?</title>
		<link>http://chicago--real--estate.com/how-do-deduct-real-estate-taxes-on-1040a/</link>
		<comments>http://chicago--real--estate.com/how-do-deduct-real-estate-taxes-on-1040a/#comments</comments>
		<pubDate>Sun, 17 Jan 2010 20:45:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[United States]]></category>

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petersruby20 asked: I purchased a home in October, 2007. My monthly mortgage payment includes my county, state, and school taxes (they are placed in Escrow).
Apparently my tax payments will be paid out of escrow in April, May and August of 2008.
Does that mean that I can not claim real estate for my 2007 return? 
(At [...]]]></description>
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		<slash:comments>4</slash:comments>
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