Do you own a rental property like an Airbnb Business? In this video we go over 9 tax deductions that rental owners should be taking for their rental property. As a real estate investor, it is pivotal to ensure you are maximizing your tax deductions.
In this video, Nick dives into commonly missed Tax Deductions that rental owners miss. Some commonly missed deductions are
- HOA fees
- Depreciation
- Mortgage interest
We discuss these subjects and much more in the video!
Credentials: Nick is a Certified Public Accountant in the state of Texas.
2024 Schedule E (Form 1040): [ Ссылка ]
As a real estate investor, it is pivotal to ensure you are maximizing your rental property tax deductions. Check out our other videos on similar subjects.
1. Own a rental property? Watch this! (Cost Segregation Analysis)
[ Ссылка ]
2. Self Employed? Home Office and Auto Deductions for the Self-Employed, Explained! [ Ссылка ]
Chapters
Intro - 0:00
Schedule E Explained - 0:13
Depreciation - 0:44
Mileage - 1:42
Repairs - 2:03
Property Taxes - 2:34
Mortgage Interest - 2:54
Management Fees - 3:38
Professional Fees - 3:33
Utilities - 3:49
HOA - 4:13
Additional Deductions - 4:29
Outro - 5:14
Interested in discussing your needs with a CPA? Book your consultation now. Choose between an in-person or online session below, where we'll tailor solutions just for you.
In-Person Client Consultation:
[ Ссылка ]
Online Client Consultation:
[ Ссылка ]
Disclaimer: This video is meant to inform Rental owners, consult your tax & legal professionals before implementing any of these Tax deductions.
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