In this article, we explain five of the most effective methods. Capital gains tax can significantly impact the profits from selling a rental property. Make sure you sell your rental property after at ...

Changes to the income tax rules now deny income tax deductions ... What is a short-term rental A short-term rental is a residential property that is rented or offered for rent for a period of ...

Revising the method for determining the annual value of a property, the bill mandates that the annual value will be ...

Owning real estate property overseas can be a great investment. U.S. cross-border tax planning and fully understanding U.S.

Under prior law, most cities taxed residential long term (30 days or more) rentals with rates varying depending on the local jurisdiction. This law standardizes and simplifies the tax landscape by ...

For instance, if you rented out the property 75% of the year, you can deduct 75% of your HOA fees on your tax return as a rental expense. A special assessment is an additional fee that an HOA may ...

Tax on rental income refers to income tax, which is payable on the money you receive from tenants. The rates, thresholds and tax-free allowances are the same as for any other type of income, whether ...

A residential property that is rented (or offered for rent) for a period of less ... the Parliamentary Budget Officer estimated the new rules for expense deductions would raise an additional $10 ...