Once your property is in service, you’ll need to determine whether each repair and maintenance expense you incur should be classified as a regular expense or a capital improvement that…
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Guides:
A Clear & Simple Guide to Rental Property Depreciation
Rental property depreciation is one of the biggest and most important deductions for real estate investors because it reduces taxable income but not cash flow. For many landlords, the most…
Capital Gains, Depreciation Recapture, and 1031 Exchange Rules [2021 Update]
Note: This post is one in a series of articles produced in collaboration with The Real Estate CPA as part of the Tax Guide series. All corresponding tax articles are…
Rental Property Tax Deductions: The Ultimate Tax Guide [2023 Tax Year Edition]
If you’re like most real estate investors, tax season likely produces sweaty palms, an intimidating “to do” list, and an overwhelming sense of dread. The good news? It doesn’t have…
Rental property tax guide [2019 Edition]
The first part of effective tax strategy and planning is understanding that when you file your tax returns each year, you’re simply reporting the results (income, losses, etc.) of your…