Whether your small business involves renting out your vacation home while you aren't in it or purchasing property to rent to tenants on a long-term basis, you must report rental income and pay taxes ...

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses. Schedule E is filed along with your Form 1040 individual income tax return.

Recent changes to the income tax laws have rewritten the rules for claiming and calculating deductions. The basic process is still the same, though: Calculate your total income and then make some ...

Renting out property can create a retirement income stream that is Uncle Sam friendly. The federal tax law is replete with breaks for landlords, and the 2017 tax law created a new write-off that many ...

Getting the right tax advice and tips is vital in the complex tax world we live in. The Kiplinger Tax Letter helps you stay right on the money with the latest news and forecasts, with insight from our ...