Every Landlord's Tax Deduction Guide

About this book

Maximize your tax deductions Rental real estate provides more tax benefits than almost any other investment. If you own residential rental property Every Landlords Tax Deduction Guide is an indispensable guide focusing exclusively on IRS rules and deductions for landlords. This book covers the latest tax laws including the rules for deducting a net operating loss (NOL) and claiming an NOL refund. 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 recordsand much more. Filled with practical advice and real-world examples Every Landlords Tax Deduction Guide will save you money by making sure you owe less to the IRS at tax time. Stephen Fishman is the author of many Nolo books including Home Business Tax Deductions Deduct It! and Every Airbnb Hosts Tax Guide. He is a two-time recipient of the Independent Book Publishers Associations Benjamin Franklin Award.