Deductions for Your Home Office
Basically the rule is that you can deduct the expenses related to your home office as it relates to managing your rental properties to the extent that you use them exclusively for that purpose. The cleanest way is to have a separate area with a separate phone and or fax line dedicated exclusively for you to manage your rental property. Read more...
Record Keeping and Tax Planning
Know the tax laws and keep fabulous records of everything. Some tax benefits are available while you own your rental property and some are only available when you sell your rental property. Read more...
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