IRS Archives - Basic Property Management

February 21, 2025March 4, 2025Accounting, Commercial Property Management, Landlords, Residential Property Management

Landlord Record-Keeping Essentials for Property Management

A desk with a ledger, receipts, and a pen. A key ring hangs on the wall

Proper record-keeping forms the backbone of successful property management and protects your rental business from potential legal issues. Detailed records of rental […]

February 3, 2025February 24, 2025Accounting, Investors, Landlords, Residential Property Management, Short Term Rental Management, Vacation rental management

Tax Implications of Fair Rental Days for Landlords

Two female real estate investors (one is blonde and one is a read head) conducting a video call with their accountant discussing the tax implications of fair rental days for a rental property they own.

Understanding the tax implications of fair rental days is crucial for real estate investors navigating the complex world of rental property taxation. […]

December 22, 2022June 23, 2025Accounting, Investors

10 Ways To Maximize Rental Property Tax Benefits

There are several important tax benefits you can take advantage of as a landlord. Understanding how you can minimize your property taxes […]

October 6, 2022May 21, 2025Landlords

IRS Self Rental Rules You Need to Know

Understanding how to properly handle rental income and expenses is crucial for anyone involved in rental property ownership or management. The IRS […]