Category Archives: Rental Property

Renting Residential Real Estate

A Tax Review for the Nonprofessional Landlord. Renting Residential Real Estate. Investing in residential rental properties raises various tax issues that can be somewhat confusing, especially if you are not a real estate professional. Some of the more important issues rental property investors will want to be aware of are discussed below. Rental Losses Currently,…
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Rental Properties – A Tax Consideration

For years, owners of rental properties that show a tax loss have had to contend with the tax law's "passive loss" limitations. With limited exceptions, real estate rental losses may be used only to reduce passive income - the rental losses are not currently deductible against non-passive income, such as salary. Now, owners of real…
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