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

As tax season approaches, you might be asking yourself, “Is rental income taxable?” Or, “Do you pay tax when you sell a rental property?” The short answer is that it depends. Rental income is often ...

A man computes bills using a calculator. As tax season approaches, you might be asking yourself, “Is rental income taxable?” Or, “Do you pay tax when you sell a rental property?” The short answer is ...

Homeowners and long-term rental property owners in Montana may soon find relief on their property tax bills through a new ...

Subdividing land can boost property value but may trigger capital gains tax (CGT) when sold. Learn how CGT applies, key exemptions, and ways to reduce your tax liability.

Understanding how rental income is taxed is crucial for property owners looking to maximize their returns and comply with legal obligations. Taxation rules can vary significantly depending on the ...

For retirees, many of whom live on a fixed income, paying less taxes can only help. Tax strategist Barbara Schreihans explained ways they can do so.