Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 12 years ago on . Most recent reply

User Stats

592
Posts
285
Votes
George Paiva
  • Investor
  • Milford, CT
285
Votes |
592
Posts

Top Ten Tax Deductions for Landlords

George Paiva
  • Investor
  • Milford, CT
Posted

Can't take the credit, was searching for tips on tax breaks for Landlords and happened upon this link - http://www.nolo.com/legal-encyclopedia/top-ten-tax-deductions-landlords-29497.html

[Text of Article Removed]

Most Popular Reply

User Stats

5,271
Posts
2,325
Votes
Steven Hamilton II
  • Accountant, Enrolled Agent
  • Grayslake, IL
2,325
Votes |
5,271
Posts
Steven Hamilton II
  • Accountant, Enrolled Agent
  • Grayslake, IL
Replied

Any of this advice in the article is basic real estate tax knowledge that ANY competent in real estate accountant should be able to provide you.

Mary Joe,

If you qualify as a real estate professional you can deduct these losses.

David G, George Paiva, Aly L,

Regardless of business entity, you cannot deduct real estate losses if your AGI is above 150k if you are not a real estate professional.

-Steven the Tax Guy

  • Steven Hamilton II
  • [email protected]
  • (224) 381-2660
  • Topic locked

    Loading replies...