A Complete Guide to Straight-Line Depreciation for Rental Property Owners
If you’re a rental property owner in the U.S., there’s one tax strategy you can’t afford to overlook: depreciation. Among
Understanding the Mid-Month Convention: How It Affects Your Depreciation Deductions
Depreciation is one of the smartest ways property owners can save on taxes. Think of it as a tax break
How to Handle a Notice of Deficiency for Your Rental Business
Getting a Notice of Deficiency, also called a 90-day letter, from the IRS can be stressful when it’s about your
What Are the Benefits of Real Estate Professional Status for Tax Purposes?
If you’re a real estate investor in the United States, earning Real Estate Professional Status (REPS) with the IRS can
Cost segregation on a rental property: What it is and how it works
Real estate investors have used cost segregation for years to build their wealth. Many investors pay little or no taxes,
What Is Rental Property Depreciation and How Does It Work?
Rental property depreciation is an important yet confusing topic for landlords and real estate investors. Understanding the concept can help