Every Landlord's Tax Deduction Guide
eBook - PDF
Available until 23 Dec |Learn more

Every Landlord's Tax Deduction Guide

  1. 464 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF
Available until 23 Dec |Learn more

Every Landlord's Tax Deduction Guide

About this book

Rental real estate provides more tax breaks than almost any other investment. But the majority of the nation's 10 million landlords own only one or two units and can't afford high-priced tax advice from experts. Every Landlord's Tax Deduction Guide provides landlords with the tax information they need.

This edition has been completely updated to cover all the latest changes in the tax laws brought about by the COVID-19 relief legislation passed by Congress, including how landlords can deduct rental losses caused by the pandemic, new sick leave and family leave tax credits for self-employed landlords, employee retention credit, and tax-free treatment of landlord PPP loans.

This book also explains:

  • how landlord businesses are legally organized
  • how to maximize depreciation deductions
  • distinguishing between repairs and improvements
  • handling casualty and theft losses
  • deducting home office, car travel, and meals
  • how to benefit from real estate professional status
  • hiring workers
  • taking advantage of the 20% passthrough tax deduction
  • how to keep property records
  • filing the landlord tax form: IRS Schedule E.

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Yes, you can access Every Landlord's Tax Deduction Guide by Stephen Fishman in PDF and/or ePUB format, as well as other popular books in Business & Real Estate. We have over one million books available in our catalogue for you to explore.

Information

Publisher
NOLO
Year
2021
Print ISBN
9781413328110
eBook ISBN
9781413329339
Edition
18
Subtopic
Real Estate

Table of contents

  1. Cover
  2. Title Page
  3. Table of Contents
  4. Introduction
  5. 1. Tax Deduction Basics for Landlords
  6. 2. Landlord Tax Classifications
  7. 3. Deducting Your Operating Expenses
  8. 4. Repairs
  9. 5. Depreciation Basics
  10. 6. Maximizing Your Depreciation Deductions
  11. 7. The Pass-Through Tax Deduction
  12. 8. Interest
  13. 9. Start-Up Expenses
  14. 10. The Home Office Deduction
  15. 11. Car and Local Transportation Expenses
  16. 12. Travel Expenses
  17. 13. Hiring Help
  18. 14. Casualty and Theft Losses
  19. 15. Additional Deductions
  20. 16. Deducting Rental Losses
  21. 17. Record Keeping and Accounting
  22. 18. All About Schedule E
  23. 19. The Net Investment Income Tax
  24. Index
  25. Book Registration
  26. Additional Landlording Resources at Nolo.com