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Updated about 4 years ago,
TAX DEPRECIATION FOR LANDLORD
Hi, I am new to investing, I do have some properties with my mom but I am now looking to expand our investment and to dive into tax benefits since I was so unaware of it for so many years.
Does property depreciation apply to single family homes rentals for tax benefits ? if so, how do you file for that? do you need a CPA to do that for you?
I live in Miami, so If anyone can recommend a CPA specialized in RE Tax Law that would be very helpful.
Can one have a CPA in another state? is it recommended since laws may vary from state to state ? any thoughts on this?
Any guidance on this is very helpful!
Thank you.