Owning rental property can be a great way to make an income and build wealth, but it’s important to understand all the tax benefits of rental property ownership. Having the right bookkeeping…
Tag: IRS
IRS Self Rental Rules You Need to Know
If you’re a landlord, property manager, or rental property owner, it’s important to be aware of the IRS self rental rules. These rules dictate how rental income and expenses are reported on…