Maximize your tax deductions
Rental real estate provides more tax benefits than almost any other
investment. If you own residential rental property, Every Landlord's
Tax Deduction Guide is an indispensable guide, focusing exclusively on
IRS rules and deductions for landlords.
This book covers the latest tax laws, including the rules for deducting
a net operating loss (NOL) and claiming an NOL refund. Learn about
landlord tax classifications, reporting rental income, hiring workers,
and depreciation.
Find out how to:
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handle casualty and theft losses
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distinguish between repairs and improvements
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deduct home office, car, travel, and meals
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keep proper tax records--and much more.
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.
Stephen Fishman is the author of many Nolo books, including Home
Business Tax Deductions, Deduct It!, and Every Airbnb Host's Tax
Guide. He is a two-time recipient of the Independent Book Publishers
Association's Benjamin Franklin Award.