Every Landlord’s Tax Deduction Guide

Maximize your tax deductions

Rental real estate provides more tax breaks than almost any other investment. Understanding and taking advantage of all the tax breaks available for landlords can make the difference between earning a profit and losing money.

But the majority of the nation’s millions of landlords own only one or two units and can’t afford high-priced tax advice from experts. Every Landlord’s Tax Deduction Guide provides landlords with the tax information they need. This book explains:

- how landlord businesses are legally organized

- how to maximize depreciation deductions

- distinguishing between repairs and improvements

- handling casualty and theft losses

- deducting home office, car travel, and meals

- how to benefit from real estate professional status

- hiring workers

- taking advantage of the 20% pass-through tax deduction

- how to keep proper records, and

- filing the landlord tax form: IRS Schedule E.

This edition has been completely updated to cover all the latest changes in the tax laws affecting rental properties and landlords, including new rules for depreciation and Section 179 expensing, limits on deducting interest, and filing 1099 forms with the IRS. Plus, this edition provides valuable guidance on how landlords can prepare for the expiration of the Tax Cuts and Jobs Act on December 31, 2025.