Description
Maximize your tax deductions
Rental real estate provides more tax benefits than almost any other investment. If you own residential rental property, Every Landlord’s Tax Deduction Guide is an indispensable guide, focusing exclusively on IRS rules and deductions for landlords.
This book covers the latest tax laws, including the rules for deducting a net operating loss (NOL) and claiming an NOL refund. Learn about landlord tax classifications, reporting rental income, hiring workers, and depreciation.
Find out how to:
- handle casualty and theft losses
- distinguish between repairs and improvements
- deduct home office, car, travel, and meals
- keep proper tax records—and much more.
Filled with practical advice and real-world examples, Every Landlord’s Tax Deduction Guide will save you money by making sure you owe less to the IRS at tax time.
Stephen Fishman is the author of many Nolo books, including Home Business Tax Deductions, Deduct It!, and Every Airbnb Host’s Tax Guide. He is a two-time recipient of the Independent Book Publishers Association’s Benjamin Franklin Award.
Author: Stephen Fishman
Publisher: NOLO
Published: December 27, 2022
Pages: 496
Binding Type: Paperback
Weight: 1.45 pounds
Size: 7 x 1 x 9 inches
ISBN13: 978-1413330366
ISBN10: 1413330363
BISAC Categories:
- Small Business Taxes
- Practical Law Guides for Real Estate
- Small Business Bookkeeping