If your an accidental landlord who chose to rent out your house rather then selling it during the great recession you should make sure you are taking these seven deductions on your taxes this year. Even if you are a professional with multiple properties you should review this list to make sure you're getting the most out of your rental business. We wrote this article for the well-respected Fazendin Realtors Blog. you can check it out here.
A quick rundown of the expenses are Utilities, Taxes, Travel, Meals & Entertainment, Depreciation, repairs and maintenance, and insurance. To get more information on any of these click through to the blog.
Feel free to reach out if you want to make sure you are getting all the deductions you are entitled to. Remember Phillip James provides both tax services and financial planning all under one roof to save you time and stress!