1031 Exchange Basics for Rental Property Owners
How a Section 1031 like-kind exchange can defer tax when you sell a rental and buy another: the main rules, timelines, and costly mistakes to avoid.
Read
Deductions, depreciation, and record-keeping.
How a Section 1031 like-kind exchange can defer tax when you sell a rental and buy another: the main rules, timelines, and costly mistakes to avoid.
Read
When landlords may need to issue Form 1099-NEC or 1099-MISC to contractors and others they pay, how to collect W-9s, and how to avoid penalties.
Read
A plain-English guide to common rental property tax deductions in the U.S., including depreciation, repairs vs improvements, and record-keeping tips.
Read
Why a rental loss may not offset your wages, how the active participation allowance works, and what happens to suspended losses. Plain English.
Read
How depreciation works for U.S. rental property: what you can depreciate, the 27.5-year schedule, when it starts, and what happens when you sell.
Read
A practical guide to landlord record-keeping: tenant files, financial records, tax documents, retention periods, and a simple system that works for taxes.
Read
Learn how to tell a deductible repair from a depreciable improvement on rental property, with examples, a checklist, and record-keeping tips.
Read
A plain-English walkthrough of IRS Schedule E for rental property: what goes on it, how income and expenses flow to your return, and what to track.
Read
How selling a rental is taxed: holding periods, adjusted basis, depreciation recapture, and ways to plan ahead, with a simple worked example.
Read