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Updated almost 6 years ago on . Most recent reply

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Adrian Ruiz
  • Rental Property Investor
  • Milwaukee, WI
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Tax deduction guide

Adrian Ruiz
  • Rental Property Investor
  • Milwaukee, WI
Posted

Hey BP, I recently bought a book titled “every landlords tax deduction guide“ from a local thrift store, after bringing it home I noticed the book is the 12th edition from 2016. Will the material in this book be outdated? Should I get the newest one, or is it generally the same with little changes as the tax code changes? Thanks, Adrian

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Natalie Kolodij
Tax & Financial Services
Pro Member
  • Accountant
  • Charlotte, NC
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Natalie Kolodij
Tax & Financial Services
Pro Member
  • Accountant
  • Charlotte, NC
ModeratorReplied
Originally posted by @Adrian Ruiz:

Hey BP, I recently bought a book titled “every landlords tax deduction guide“ from a local thrift store, after bringing it home I noticed the book is the 12th edition from 2016. Will the material in this book be outdated? Should I get the newest one, or is it generally the same with little changes as the tax code changes? Thanks, Adrian

This year we had a HUGE tax overhaul so I wouldn't trust that book any longer. 

I'd snag something that's a 2019  release if possible...becuaseeeee we got final regulations in January. 

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Kolodij Tax & Consulting

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