Rental real estate provides more tax breaks than almost any other investment. But the majority of the nation's 10 million 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 edition has been completely updated to cover all the latest changes in the tax laws brought about by the COVID-19 relief legislation passed by Congress, including how landlords can deduct rental losses caused by the pandemic, new sick leave and family leave tax credits for self-employed landlords, employee retention credit, and tax-free treatment of landlord PPP loans. This book also 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% passthrough tax deduction how to keep property records filing the landlord tax form: IRS Schedule E.
Maximize your tax deductions

Rental real estate provides more tax benefits than almost any other investment. Every Landlord's Tax Deduction Guide is the only book that focuses exclusively on IRS rules and deductions for landlords.

This book covers the latest tax laws, including the rules for deducting a net operating loss (NOL) and claiming an NOL refund. Learn about landlord tax classifications, reporting rental income, hiring workers, and depreciation.

Find out how to:

handle casualty and theft losses
distinguish between repairs and improvements
deduct home office, car, travel, and meals
keep proper tax records--and much more.


Filled with practical advice and real-world examples, Every Landlord's Tax Deduction Guide will save you money by making sure you owe less to the IRS at tax time.
This new edition covers changes and updates to tax laws revised as a result of the coronavirus pandemic.
Maximize your tax deductions

Rental real estate provides more tax benefits than almost any other investment. Every Landlord's Tax Deduction Guide is the only book that focuses exclusively on IRS rules and deductions for landlords.

This book covers the latest tax laws, including the rules for deducting a net operating loss (NOL) and claiming an NOL refund. Learn about landlord