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Updated over 6 years ago,

User Stats

204
Posts
80
Votes
Jamie Brayton
Property Manager
Agent
  • Property Manager
  • Albany, NY
80
Votes |
204
Posts

Standard deduction and rental properties

Jamie Brayton
Property Manager
Agent
  • Property Manager
  • Albany, NY
Posted

Can anyone shed light on how/if taking the standard deduction impacts rental property deductions? 

I run an unrelated business from home as a sole proprietor that will be impacted by the change, but my understanding is that we can still take all appropriate deductions on rental properties. We have self-manged properties in LLCs and in our own name. 

  • Jamie Brayton
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Rooted Maintenance and Development

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