Learning Center

Tax Benefits of Rental Property Every Landlord Should Know Generating revenue and building owner equity over time aren’t the only ways landlords can profit from owning rental properties. Real estate investments also offer several tax advantages compared to many other income-generating assets. In fact, new rental property owners are often pleasantly surprised by how favorable […]

The QBI Deduction And Rental Income Are you wondering, “is a rental property qualified business income?” Rental income can often qualify for the Qualified Business Income (QBI) deduction if certain requirements are met. The deduction, which was implemented under the Tax Cuts and Jobs Act of 2017, allows qualified taxpayers to exclude up to 20% […]

What To Know About Recover Period And Recovery Period Taxes When tax season rolls around, do you find yourself asking questions like “What is a recovery period for tax purposes?” and “How does building depreciation life work according to the Internal Revenue Service?” Before determining depreciation for the year, rental property owners must determine an […]

Rental Property Red Flags For The IRS With tax season coming up, it’s crucial to be sure that you are not only equipped with the proper documentation but also accurate reporting to ensure compliance. For rental property owners, accurately reporting income is crucial. Both underreporting and over-reporting revenue can lead to serious consequences for your […]

A Landlord’s Guide To Self-Employment Tax Owning rental property is a great way of building wealth and generating passive income. But when tax season rolls around, most landlords wonder: Do you pay self-employment tax on rental income? The tax treatment of rental income differs from traditional earned income, and understanding how it’s classified by the […]

Deducting Rental Losses Rental losses are a common occurrence in the real estate industry. In fact, more than half of Schedule E forms filed each year report a loss. But despite their ubiquity, many landlords are unsure how to handle rental losses when tax season arrives. This article answers five key questions about commercial or […]

A Landlord’s Guide To Passive Activity Loss Limitations In 2025 As a rental property owner, it’s not uncommon for your properties to produce a net loss for tax purposes, primarily due to depreciation and other operating expenses. However, the treatment of these rental real estate losses under IRS guidelines is often misunderstood. This article will […]

Lower Your Property Taxes With These 5 Tips Owning rental properties can be highly profitable, but it also comes with tax liabilities that can significantly impact your bottom line. Fortunately, landlords can take advantage of several strategies to reduce or even eliminate taxes on rental income. Whether you’re looking to minimize taxable income, understand how […]

Become A Rental Business Owner For This Tax Season Whether you’re a rental property business owner managing a single rental property or multiple complexes, being recognized as a business owner in the eyes of the IRS offers valuable advantages. Understanding the distinction between a rental investment property business and a rental business is key to […]

Types of Taxes if You Own Residential Rental Property Owning residential rental property comes with a variety of financial responsibilities, including managing multiple types of taxes. For landlords, understanding the nuances of these taxes is crucial to staying compliant and optimizing your income. This article breaks down key tax categories for landlords including rental income […]

A Landlord’s Guide To Cost Segregation When reporting and depreciating your capital expenses, it can be a while before you see a sizable return, even with bonus depreciation. For residential rental buildings, the recovery period as per the IRS is 27.5 years, meaning it will take you that long to take all the depreciation deductions […]

A Guide To Landlord Taxes In 2025 Managing rental properties comes with a range of responsibilities, including navigating the complexities of taxation. From understanding different types of taxes to leveraging safe harbors and depreciation strategies, staying informed is key to optimizing your financial outcomes. This guide provides an overview of the key tax considerations for […]