Real Estate Tax Archives - Fraim, Cawley & Company, CPAs

Capital Gains Tax on a Home or Farm Sale in Virginia: A CPA Guide

Selling appreciated real estate in Virginia can trigger a bigger tax bill than most owners expect. A home sale may qualify for the federal home-sale exclusion, but a rental property,…

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May 11, 2026

Personal Finance / Taxes & Tax Prep

STR Loophole: How to Offset W-2 Income With Short-Term Rental Losses

If you earn strong W-2 income, you've probably heard the frustrating rule: rental losses usually can't offset your salary. For most long-term rentals, that's true. Short-term rentals are different. Under…

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May 4, 2026

Personal Finance / Taxes & Tax Prep

Who Can Take the Home Mortgage Interest and Real Estate Tax Deductions?

Originally published May 14, 2013 So everyone knows that if you own your house the mortgage interest, real estate taxes, and (in most cases) PMI are deductible on your individual…

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November 23, 2013