Every Landlord's Tax Deduction Guide

Lower your landlord taxes by claiming all available deductions.

Rental real estate offers more tax advantages than nearly any other type of investment. Understanding and leveraging these tax breaks is imperative for landlords, as they can mean the difference between making a profit and incurring losses. Most landlords own only one or two rental units and might find it difficult to afford expensive tax advice from professionals. Every Landlord's Tax Deduction Guide provides essential tax information tailored just for landlords.

This book covers:

• how landlord businesses are legally organized


• how to maximize depreciation deductions


• distinguishing between repairs and improvements


• handling casualty and theft losses


• deducting home office, car travel, and meals


• how to benefit from real estate professional status


• hiring workers


• taking advantage of the 20% pass-through tax deduction


• how to keep proper records, and


• filing the landlord tax form: IRS Schedule E.

This updated edition includes the latest changes in tax laws under the One Big Beautiful Bill Act that affect rental properties and landlords. Additionally, it offers advice on record keeping and accounting, as well as tips to protect yourself from IRS audits. The guide addresses everything from depreciation and deducting rental losses to completing a landlord tax return.

Every Landlord's Tax Deduction Guide is organized into practical, easy-to-understand categories and includes engaging examples, helping readers see how each deduction works and in what contexts they apply.