Every Landlord's Tax Deduction Guide by Stephen Fishman J.D.

Description

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.