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.
Find out how to:
handle casualty and theft losses
distinguish between repairs and improvements
deduct home office, car, travel, and meals
proper tax records—and much more.
The book also covers landlord tax classifications, reporting rental income, hiring workers, and depreciation.
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.
If the tax laws change, we will post updates on a special page on Nolo.com. That way, you’ll always have access to up-to-date information if there are significant changes to the law.
All the information in the book remains up-to-date for the 2017 tax year. The changes brought about by the Tax Cuts and Jobs Act all take effect in 2018, except for an increase in bonus depreciation which took effect September 27, 2017. Anyone who purchases the book has access to an update page on the Nolo website specific to this book which explains the 2017 bonus depreciation change and summarizes how the new tax law affects small business owners’ taxes for 2018 and later. A new edition of the book, completely updated for the new tax law, will be published August 1, 2018.
Table des matières
1. Tax Deduction Basics for Landlords
2. Landlord Tax Classifications
3. Deducting Your Operating Expenses
4. Repairs
5. Depreciation Basics
6. Maximizing Your Depreciation Deductions
7. Interest
8. Start-Up Expenses
9. The Home Office Deduction
10. Car and Local Transportation Expenses
11. Travel Expenses
12. Hiring Help
13. Casualty and Theft Losses
14. Additional Deductions
15. Vacation Homes
16. Deducting Rental Losses
17. Record Keeping and Accounting
18. All About Schedule E
19. The Net Investment Income Tax
Index
A propos de l’auteur
Stephen Fishman has dedicated his career as an attorney and author to writing useful, authoritative, and recognized guides on business, taxation, and intellectual property matters for small businesses, entrepreneurs, independent contractors, and freelancers. He is the author of 20 books and hundreds of articles, and has been quoted in The New York Times, Wall Street Journal, Chicago Tribune, and many other publications. Among his books are Every Landlord’s Tax Deduction Guide, Deduct It! Lower Your Small Business Taxes, and Working for Yourself:Law & Taxes for Independent Contractors, Freelancers & Gig Workers of All Types, published by Nolo.
Plus d’ebooks du même auteur(s) / Éditeur
255 503 Ebooks dans cette catégorie
