If you own a rental property and want to take advantage of the tax breaks at your disposal, one thing you’ll definitely want to know is how to calculate depreciation. This nifty accounting trick ...

TurboTenant reports landlords can save significant taxes via bonus depreciation, enabling large first-year write-offs on ...

TurboTenant reports landlords can legally avoid taxes on rental income through strategies like the Augusta rule, deductions, ...

What’s the tax bite when you own—or sell—a rental property? Fact checked by Vikki Velasquez Reviewed by Natalya Yashina Whether you already own a rental property or are thinking about buying your ...

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 ...

The Tax Cuts and Jobs Act (TCJA) had allowed 100 percent bonus depreciation through 2022. That allowance is now in a ...

When you have valuable assets, significant costs or debt, or the possibility of someone getting hurt, a limited liability company (LLC) could help shield you from liability. Additionally, it can also ...

Short-term rentals have become a lucrative investment opportunity, especially with the rise of platforms like Airbnb and VRBO. However, navigating the tax landscape can be complex. CPAs play a crucial ...

Property depreciation is the gradual reduction in the value of a property over time due to factors like wear and tear, which can be used for tax deduction purposes. Property depreciation is typically ...