Rental Property

/Tag:Rental Property

What to Do When a Management Company Issues a Wrong 1099 to Rental Owner

By | February 18th, 2015|Categories: Small Business Tax and Accounting|Tags: , , , , |

What to do when a management company issues a wrong 1099 to rental owner

Comments Off on What to Do When a Management Company Issues a Wrong 1099 to Rental Owner

From the Archives: Tax Court: Vacant House Can Still Qualify as Rental

By | December 24th, 2014|Categories: From the Archives|Tags: , |

The U.S. Tax Court says a vacant house can sometimes still qualify as a rental property.

Comments Off on From the Archives: Tax Court: Vacant House Can Still Qualify as Rental

Tax Aspects of Renting Your Home for a Day or Two

By | July 22nd, 2013|Categories: Potpourri of Tax Topics|Tags: |

What are the tax consequences of renting your house for a few days during the year?

Rental Properties and Basis Allocation

By | January 16th, 2013|Categories: Potpourri of Tax Topics|Tags: , |

For taxes, remember that you must allocate basis between the building and the land when you own a rental property.

Comments Off on Rental Properties and Basis Allocation

How Long Can Rental Property Sit Vacant and Still Be a Rental?

By | May 9th, 2012|Categories: Potpourri of Tax Topics|Tags: |

How long can a rental house sit vacant and still be a rental for tax purposes?