Wednesday, January 23, 2019

How Is Rental Income Taxed and What Do You Need...

Americans are used to paying income taxes. Most taxpayers claim the standard deduction and get a refund from the IRS. But what if you have a slightly more complicated tax return? For example, how should you handle income if you rent out a property?

How Is Rental Income Taxed and What Do You Need...

Are you renting out a property? Here's a guide to when you need to report rent as income, and what you can deduct.
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