A friend of ours owns rental properties was audited last year. She shared items that you may find helpful:
Did you know that you can offset your rental income by claiming the depreciation of your rental property?
Why has the IRS targeted real estate professionals at this time? What you should know:
When lending and borrowing, are you mailing and/or receiving 1098’s or 1099’s? Do you know how to use them?
Not everyone considers the following advantages when they’re contemplating becoming a landlord:
When times are good and cash is flowing, Congress tends to pick on the IRS. Times, like now, when the government is out of money, …
Did you know there is a federal rewards program that pays people to turn in others for cheating on their tax returns? Who’s looking over …
Property values have been dropping. Property taxes should also drop. Should yours? How would you know?