Haverhill Public Library

Every landlord's tax deduction guide, Stephen Fishman, J.D

Label
Every landlord's tax deduction guide, Stephen Fishman, J.D
Language
eng
Illustrations
chartsillustrations
Index
index present
Literary Form
non fiction
Main title
Every landlord's tax deduction guide
Oclc number
1049699006
Responsibility statement
Stephen Fishman, J.D
Summary
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. 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
Table Of Contents
Introduction -- Tax deduction basics for landlords -- Landlord tax classifications -- Deducting your operating expenses -- Repairs -- Depreciation basics -- Maximizing your depreciation deductions -- The pass-through tax deduction -- Interest -- Start-up expenses -- The home office deduction -- Car and local transportation expenses -- Travel expenses -- Hiring help -- Casualty and theft losses -- Additional deductions -- Deducting rental losses -- Record keeping and accounting -- All about schedule E -- The net investment income tax
Target audience
general
resource.variantTitle
Landlord's tax deduction guide
Classification