If you made money from a rental property in 2023, you must include that income when filing your taxes. It’s also your duty to find any deductions you can qualify for to lower your tax liability.

Owning a rental property can generate income and some great tax deductions. Here are five rental property tax deductions that should be on your radar.

Continue reading → The post Rental Property Tax Deductions appeared first on SmartAsset Blog. Being a landlord can significantly bolster your savings, but it’s also a lot of work.

If you're wondering whether you can deduct your rent on your taxes, the short answer is yes. You can deduct rent if you live in a state that allows it. However, only 22 states offer this type of ...

Rental Property Tax Deductions As a rental property owner, you can deduct various expenses related to buying, operating, and maintaining the property. Here's a rundown of the most common deductions.