Maximize your tax deductions 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 latest tax laws, including changes under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) that are particularly beneficial to landlords. Learn about landlord tax classifications, reporting rental income, hiring workers, and depreciation. Find out how to: handle casualty and theft losses distinguish between repairs and improvements deduct home office, car, travel, and meals 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. This edition is updated to cover changes under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).

Maximize your tax deductions. Rental real estate provides more tax benefits than almost any other investment. Whether you own a ten-unit rental apartment building or rent a room in your home through Airbnb, you need to know about all the valuable deductions you are entitled to take as a landlord. Every Landlord’s Tax Deduction Guide is the only book that focuses exclusively on IRS rules and deductions for landlords. With this book, you will learn about: depreciation, casualty and theft losses, start-up expenses, and other common landlord deductions IRS rules on deducting repairs and improvements vacation home tax rules proper record keeping and accounting—and much more. The book also covers landlord tax classifications, reporting rental income, hiring workers, and deducting rental losses. 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. The 13th edition is updated and revised to cover tax rules for Airbnb-type rentals.

Every Landlord's Tax Deduction Guide gives small residential landlords who cant afford to hire high-priced accounting or law firms the guide they need to save money on taxes. Every Landlord's Tax Deduction Guide explains how to: fill out the dreaded IRS Schedule E, determine whether an expense is a deductible repair or depreciable improvement, take real estate tax credits, maximize depreciation deductions, deduct losses arising from real estate ownership, keep proper tax records, deduct home office, travel and entertainment expenses. It also covers other deductions landlords can take, including.

"Learn about the most important deductions and how to plan and track your expenses all year so you avoid problems with the IRS. The information is organized into categories that explain the rules for each type of deduction, including: - operating expenses - home and outside office - vehicles and travel"--

All 2.9 million Airbnb hosts in the United State can profit from this book. The first, and still only, one of its kind, it tells hosts everything they need to know about taxes for short-term rentals, including deductions they may take, depreciation, when short-term rentals are tax-free, repairs, and tax reporting for short-term rentals. The new edition covers all the latest tax changes brought about by the Coronavirus legislation passed by Congress. These include new tax breaks that can save hosts thousands in taxes: tax credits for sick leave and family leave for self-employed hosts, employee retention credit, and tax-free treatment of landlord PPP loans Many Airbnb hosts have lost money due to the Coronavirus pandemic. This book explain if, when, and how short-term rental hosts may deduct their losses from other nonrental income.

Advice on profitable strategies, problem tenants, UK legal issues, and more! Minimise rental headaches and maximise cash flow - without agent's fees Whether you want to become a property tycoon or just rent out a second home, this guide to the UK rental market is your roadmap to success. Now fully updated with extra coverage on tax issues and company formation, let successful landlords Melanie Bien and Robert Griswold show you how to buy the right property, avoid legal problems, retain the best tenants, and maximise your rental income. Praise for Renting Out Your Property For Dummies "This book is a comprehensive guide to the process of renting out your property, brim full of sound practical advice based on years of experience. It's an absolute must for the bookshelf of any would-be landlord, novice and experienced alike." —Tom Entwistle, Editor of the rental property Web site, www.LandlordZONE.co.uk Discover how to Market your property and screen tenants Set the right rent and manage increases properly Master maintenance issues, from DIY to 'contractor dream team' Stay on top of your finances and record keeping

The 101 on earning rental income from a single-family homeDo you own a house you’d like to rent out rather than sell? It’s a common scenario in today’s market, especially if you’ve inherited a house, are moving to another home, or are buying an investment property. And it may mean you’re about to be a first-time landlord. Follow the advice in this book to ease into your new role and earn substantial profits while avoiding costly mistakes. Learn your legal obligations. Estimate costs and profits. Choose good tenants and avoid problem ones. Make the most of valuable tax deductions. Handle repairs and property management tasks. The 5th edition is updated to cover major legal changes, in particular how the Tax Cuts and Jobs Act created pass-through deductions that can benefit landlords. Includes sample forms and budget worksheets.

Taxes! Boring and irritating, right? Perhaps. But if you want to succeed in real estate, your tax strategy will play a HUGE role in how fast you grow. A great tax strategy can save you thousands of dollars a year - and a bad strategy could land you in legal trouble. That's why BiggerPockets is excited to introduce its newest book, The Book on Tax Strategies for the Savvy Real Estate Investor! To help you deduct more, invest smarter, and pay far less to the IRS!

There are over four million Airbnb hosts in the United States. This book gives these hosts the tax knowledge they need now more than ever. The new edition has full coverage of all the tax changes brought about by coronavirus relief legislation, including sick leave and family leave tax credits for self-employed hosts, employee retention credit, and tax-free treatment of landlord Paycheck Protection Program loans. These tax breaks can save hosts thousands of dollars.