rental real estate Archives

Tax Breaks for Rental Real Estate

Posted on November 2, 2021 by Andrew Litchford

If you own rental property, classifying it as a trade or business can have an impact on the tax breaks for rental real estate.

How do Passive Activity Loss Rules Affect my Business?

Posted on October 13, 2020 by Andrew Litchford

If your ventures are passive activities, the passive activity loss rules prevent you from deducting expenses that are generated by them in excess of their income.

Rental Real Estate: Determining if a Property is a Business or an Investment

Posted on March 5, 2020 by Andrew Litchford

If you own rental real estate, its classification as a trade or business rather than an investment can have a big impact on your tax bill.