Its Not Just About Collecting Rent, Landlords Need to Consider Tax Implications
When a landlord turns a rental property over to us, we’ll get started immediately with procuring a tenant and managing their property. At that point, we suggest that the landlord also contact their Certified Public Accountant (CPA) or tax preparer to ensure that they unders...
Almost all landlords have heard that there are tax benefits to owning investment properties. But most do not know that major repairs or renovations may need to be depreciated over several years. In some cases, tax benefits are limited based on your level of activity/involvement o...
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