Forget the TV sitcom stereotypes of clueless landlords. To make the most of income property requires an accountant’s eye for detail, a lawyer’s grasp of landlord-tenant laws, a fortune teller’s ...

A taxpayer is not allowed to deduct in one year the entire cost of the short-term rental property but must instead recover the cost of the property over several years. Depreciation deductions can ...

Negative gearing allows investors to deduct rental property expenses, including interest, from taxable income, but its tax concession status is debatable. The real issue lies in the favorable tax ...

Your adjusted basis takes into consideration any prior depreciation deductions you have taken (or were allowed but didn't take). For example, let's assume you bought a rental property for $400,000.

The new year is already heralding significant tax innovations in Israel in general, and in real estate taxation in particular. Following ...

expected depreciation and agreed interest rate. You also have to set a mileage allowance at the start – exceeding this will incur a fee. All maintenance and tax costs are paid by you. Throughout the ...

President Donald J. Trump, over the course of the 2024 campaign and after his election, made big promises to the American ...

Just make sure you find out what’s allowed under your local ... while if you own rental property, you can deduct depreciation. You can also exclude up to $250,000 of capital gains for tax ...

As the primary gateway to New Zealand, Auckland Airport is set to benefit from rising air travel to the island nation. Auckland Airport is the largest airport in New Zealand, and Auckland is by far ...

These improvements make properties more user-friendly and desirable ... of having to divert monthly rental income meant for other expenses such as insurance or property management to a major ...