Category: Tax Deductions
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Property Owners and Tax Time
The key to saving money on your tax return is to take advantage of the many deductions offered to full-time rental property owners. Your property is considered a full-time rental if you allocate fewer than 15 days for personal use. Some of the most basic deductions that landlords could easily overlook are costs related to…
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10 Great Reasons to Have A Property Manager
When you hire a professional property management company, you save time, money, and lots of hassles. They can handle all aspects of your properties daily operations, legal aspects, and transactions, ensuring efficient management. There are many things you should know about such a service. 1. They screen the tenants Every property owner wants to ensure…
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Tax Deductions Available for Rental Property Owners
Owning property is a huge part of the American dream, and at times it seems the IRS is trying to reward such behavior. In this article, I review the best federal tax deductions available to rental property owners in the United States. What Qualifies as an Expense? There are two types of expenses: Current Expenses…
Rental Management One 