While owning a rental property can be a terrific way to bring in income, those extra dollars can make things complicated when it comes to preparing a tax return.
Fortunately for the 15 million people who own rental properties in the U.S., there are ways to make tax season a little more manageable:
• Store your receipts, [...]
Posts Tagged ‘Irs’
October 14th, 2010
Tax Time Tips For Rental Property Investors
Posted in Property Investment 
Tags: Accountant, Bank Deposits, Capital Improvement, Checkbook, Export Data, Faucet, Irs, Mortgage Insurance, Property Investors, Property Taxes, Receipts, Rental Properties, Rental Property Manager, Rental Property Software, Security Deposits, Spreadsheet Software, Tax Preparation Software, Tax Return, Tax Time Tips, Uncle Sam 
No Comments »January 12th, 2010
1031 Exchanges – The Legal Way To Defer Investment Property
1031 Exchanges – The Legal Way To Defer Investment Property Capital Gains Tax
With the booming property prices of recent years, more and more people are finding themselves facing a large tax bill when they come to sell their investment properties. However, did you realize that there is a perfectly legal way of deferring payment [...]
Posted in Property Investment Tags: 1031 Exchange Real Estate, 1031 Exchange Rules, 1031 Exchanges, 1031 Tax Code, Business Property, Capital Gains Tax, Day Exchange, Exchange Period, Exchange Properties, Investment Properties, Investment Property, Irs, Professional Advice, Real Estate Investments, Rental Properties, Reverse 1031 Exchange, Strict Time Limits, Trade Business, Vacant Land, Year And A Day No Comments »
