Synopses & Reviews
The only book on tax deductions specifically for residential landlords!
Named a "Top 10 Real Estate Book" by Robert Bruss, syndicated real estate columnist.
If you own rental property, you should be taking advantage of the many tax write-offs available. Every Landlord's Tax Deduction Guide gives residential landlords the plain-English guide they need to save money on taxes — without the services of a pricey accounting firm.
This book explains how to maximize your deductions without drawing the ire of the IRS. Find out how to:
- fill out IRS Schedule E
- take real estate tax credits
- figure out if an expense is a repair (deductible) or an improvement (depreciable)
- maximize your depreciation deductions
- deduct losses arising from real estate ownership
- keep proper tax records
- deduct home office, travel, and casualty losses
Every Landlord's Tax Deduction Guide is comprehensive yet easy to read and provides interesting real-world examples. This edition is completely updated for 2011 returns and reflects the latest tax information and numbers.
Stephen Fishman is the author of many Nolo books, including Deduct It! Lower Your Small Business Taxes, Every Landlord's Tax Deduction Guide, Tax Deductions for Professionals, and Home Business Tax Deductions: Keep What You Earn — plus many other legal and business books. He received his law degree from the University of Southern California in 1979. After time in government and private practice, he became a full-time legal writer in 1983.