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No, home insurance is not tax deductible for rental property. The Internal Revenue Service (IRS) only allows taxpayers to deduct the cost of insuring their primary residence and second home, not investment or rental property. If you’re a landlord, you may be wondering if home insurance is tax deductible for rental property. The answer is … Read more

Most people think that basement walls need insulation in order to keep the cold air out. However, there are a few things that you need to take into consideration before deciding if you should insulate your basement walls. The first thing is the climate. If you live in an area with a warm climate, then … Read more