
A practical guide to the home mortgage interest deduction: what counts as acquisition debt, when home equity interest is deductible, how refinancing affects the deduction, and the key IRS debt limits based on loan dates.
Listed property—like business vehicles and other mixed-use equipment—has strict depreciation and documentation rules. Learn the 50% business-use test, when ADS/straight-line applies, recapture risks, and what records you need to keep to protect your deductions.
A practical 2025 guide to IRC §280F luxury auto depreciation limits—covering passenger auto definitions, annual deduction caps, how special depreciation increases the first-year limit, Section 179 interactions, and an example showing depreciation continuing after the recovery period.
A practical guide to itemized deductions covering deductible sales taxes (including vehicle rules), when to use sales tax tables, how real estate tax deductions work with escrow and home sales, what portion of vehicle registration may qualify as personal property tax, and the IRS definition of a qualified home.