Every Landlord's Tax Deduction Guide *(ebook)
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). Read more
Download Now
Why Must Read Every Landlord's Tax Deduction Guide?
I pre-ordered this book because I needed to have it ASAP. I have very little time this year to deal with the new tax regulations and even less time trying to figure out how to arrange my expenses to maximize my deductions. what I found in this book is a concise, to-the-point explanation of all the legal aspects to being a landlord. I was able to determine the optimal approach to things such as repair vs. replace, the legal approach for side expenses that might be questioned in an audit, and the reference material I need to get the business in order. Being a landlord is not a simple occupation, but with help it can be a lot easier. This book and the reference material it quotes are just the help I needed to get through the tax season and the rest of the year without a headache.
Read Now