If you’re a landlord, your rental property not only brings you extra income but can allow you to write off tax deductions to lower your tax liability. From repairs and maintenance to mortgage interest ...

Owning rental properties offers various tax benefits, including the ability to deduct mortgage interest on those properties. This deduction allows landlords to potentially reduce their taxable rental ...

If you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business with apartment buildings and multiple units or if you simply rent out a spare ...

Question: Now that prices have dropped so much, my husband and I would like to purchase some real estate for tax write-off purposes. Should we purchase a small condo locally, or acreage east of the ...

Part 9 of a 12-part series on realty tax tips. One of the few groups of taxpayers to benefit from the 1993 Clinton tax increase law are real estate professionals who also invest in rental property.

According to the Internal Revenue Service, rental properties can produce both fully deductible losses and equity. Both passive and active losses can result in tax advantages. However, the IRS limits ...

If you own land, a home or a second vacation place, you are likely paying property taxes. These property taxes are a key source of revenue for local governments and provide funding for a essential ...

Question: We are thinking about buying a vacation home next spring. We want to rent it out part of the time to help cover the expenses. What are the tax rules affecting renting out a summer home? I.B.

The success of a rental property investment hinges on several factors. Fortunately, many of these factors are within the control of the individual investor. To make the most money through your rental ...

Calculating return on investment (ROI) on a rental property is essential for understanding its profitability and making informed decisions as an investor. ROI measures how much profit you’re ...

Like with almost any dollar you earn in the United States, if you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business with apartment ...