Ingram Publishing Services
This book has all the information small residential landlords need so they don’t miss out on the valuable business deductions they are entitled to. One of the biggest benefits of owning rental property is the many tax write-offs available to residential landlords. Every Landlord's Tax Deduction Guide
explains this complicated area of tax law in easy-to-understand language using lots of examples. It covers all the key changes for landlords under the new tax laws, including new tax breaks for passthrough businesses and deducting rental property.Maximize your tax deductions
Rental real estate provides more tax benefits than almost any other investment. Every Landlord’s Tax Deduction Guide
is the only book that focuses exclusively on IRS rules and deductions for landlords.
The book covers the new tax law, including the new 20% pass-through deduction and other deduction and depreciation changes that are particularly beneficial to landlords. 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.
This new edition is completely updated to cover the new Tax Cuts and Jobs Act.