Screening tenants in New York State is more than simply reviewing the application of someone who can pay rent on time. Properly navigating the sometimes complex state-specific laws and regulations…
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Legal & Taxes:
Tenant screening laws in California: What you need to know
The laws around tenant screening in California can be notably stringent and differ significantly from other states. So, as a landlord, you’re not just seeking reliable tenants; you’re also aiming…
Business Travel Expenses for Rental Owners [2023 Update]
In general, business travel expenses must be considered both “ordinary and necessary” to be tax-deductible. Ordinary means it is common and accepted within the trade or business. Necessary means it…
Understanding Passive Activity Limits and Passive Losses [2023 Tax Update]
As a rental property owner, it’s not uncommon for your properties to produce a net loss for tax purposes thanks to depreciation and other operating expenses. The treatment of these…
Real estate corporations and tax time: Your FAQs [2023 Update]
In order to scale our real estate investing businesses, many of us form companies to ensure tax efficiency and liability protection—to name only a few benefits. Companies are the best…
10 Common Landlord Tax Deductions [2024 Update]
Familiarize yourself with these top landlord tax deductions that can help reduce your tax burden to the IRS. 1. Depreciation Depreciation is one of the biggest and most important deductions…
Advanced tax strategies for real estate investors: FAQs [2023 Update]
So you’ve been around the real estate investing block a few times. You understand the basics of the tax efficiencies that come with owning real estate investments: deductions, 1031 exchanges,…
Short-Term Rentals And Related Taxes [2024 Update]
With the increasing popularity of short-term rentals thanks to Airbnb, VRBO, and other vacation rental platforms, it’s important to understand some of the tax issues related to owning and operating…
Real Estate Tax Strategies For 2024: Everything You Need To Know
We’ve covered the basics of taxes for real estate investing over the past month, including deductions, 1031 exchanges, business travel, and more. In fact, we even teamed up with the…
