The IRS requires rental property owners to classify every expense as a repair or a capital improvement before claiming a deduction. Learn the three-part test the IRS uses and the documentation you need to support your claim.Read More
Many real estate investors expect rental property taxes to be simple, but the numbers often tell a different story. This guide walks through depreciation, passive activity rules, and the details that determine your actual tax outcome.Read More
Not all rental property expenses are treated equally at tax time. This guide helps landlords understand which costs are fully deductible, which must be capitalized and depreciated, and which are not deductible at all—all in line with IRS rules.Read More