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Updated over 5 years ago on . Most recent reply

Xi Guo's profile image
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Xi Guo
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  • from Orlando, FL
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Xi Guo
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  • from Orlando, FL
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Xi Guo
  • Investor
  • Orlando, FL
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General Landlording & Rental Properties

What do you deduct for your real estate tax reporting?

Xi Guo
  • Investor
  • Orlando, FL
Posted

Hi, always been told real estates are great way to reduce your taxable income; Would love to see what everyone is writing off other than the basic depreciation. thanks in advance!

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Daniel Hyman
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Daniel Hyman
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Its going to depend on your investment type. For the typical buy and hold held in your personal name, check out Schedule E for a list of common expenses. Typically, depreciation will be the most impactful.

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