U.S. Taxes and Rental Real Estate Income

This course is designed to give individual real estate investors the knowledge to comply with U.S. federal tax rules for their real property investments.  

Many real estate investors know how to track income and expenses, BUT how does it change for federal tax purposes?  

Learn the different treatments here!

The IRS has very particular rules about:

- What income is reported?

- What deductions can I take?

- If I have a loss, can I write it off against other income?

The topics covered within the guide include the following:

1. What constitutes rental real estate income?

2. What are common tax deductions?

3. How does the owner calculate depreciation expenses?

4. Review a sample accounting statement

5. What is a passive activity loss (PAL)?

6. IRS Form 1099 reporting - do I need to file them?

If you are looking for an easy-to-understand guide, you came to the right place!