Eight Tips About Rental Income and Expenses

Do you rent property to others? If so, you’ll want to read the following eight tips from the IRS about rental income and expenses. For more information, contact your tax professional or professional landlord. You generally must include in your gross income all amounts you receive as rent. Rental income is any payment you receive … Continued

How Much of My Rental House is the Tenant Responsible For?

  Renting a single family house to tenants is different than renting to apartment dwellers. An apartment complex has multiple people are in the same building. We lease houses mostly, but we also rent some multi-family investment properties and they have to be treated differently. Each rental property has different aspects that the property manager … Continued