Self employment income is your net earnings from a trade or business reported on Schedule C and Schedule SE. You owe self employment tax when net earnings reach 400 dollars...Read More
If you own rental property, knowing what expenses are truly deductible can save you thousands—and prevent costly IRS mistakes. Our latest guide breaks down repairs vs. improvements, depreciation rules, and...Read More
Filing taxes as a landlord doesn’t have to be complicated—if you know what to prepare. This checklist helps you stay organized and file confidently, using IRS guidance without the jargon.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...Read More