Articles liés à Every Landlord's Tax Deduction Guide

Every Landlord's Tax Deduction Guide - Couverture souple

Fishman, Stephen

 
9781413333114: Every Landlord's Tax Deduction Guide

Synopsis

Maximize your tax deductions


Rental real estate provides more tax breaks than almost any other investment. Understanding and taking advantage of all the tax breaks available for landlords can make the difference between earning a profit and losing money. But the majority of the nation's millions of 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 book 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% pass-through tax deduction

  • how to keep proper records, and

  • filing the landlord tax form: IRS Schedule E.


This edition has been completely updated to cover all the latest changes in the tax laws affecting rental properties and landlords. Plus, it also provides guidance on recordkeeping and accounting and how to protect yourself from IRS audits. It covers everything from depreciation to deducting rental losses to filing a landlord tax return.


Every Landlord's Tax Deduction Guide is organized into practical, easy-to-understand categories and includes interesting and relevant examples so readers can see how the deductions work and the context in which they come up.

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À propos de l'auteur

Stephen Fishman has dedicated his career as an attorney and author to writing useful, authoritative, and recognized guides on business, taxation, and intellectual property matters for small businesses, entrepreneurs, independent contractors, and freelancers. He is the author of 20 books and hundreds of articles, and has been quoted in The New York Times, Wall Street Journal, Chicago Tribune, and many other publications. Among his books are Every Landlord's Tax Deduction Guide, Deduct It! Lower Your Small Business Taxes, Home Business Tax Deductions, and Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Gig Workers of All Types, published by Nolo. He is a two-time recipient of the Independent Book Publishers Association's Benjamin Franklin Award.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.