Rental Property Taxation Basics: What Landlords Need to Know
A complete guide to rental property taxes: Schedule E, deductions, depreciation, passive loss rules, and short-term rental tax treatment.
John C Thompson, EA
Tag: Real Estate
3 posts
Property Taxes Explained: Why Your Tax Bill Changed and What It Means
Minnesota property tax notices are arriving. Learn how property taxes work, why they change, and what you can do about proposed levy increases.
John C Thompson, EA
Selling Your Home: Tax Treatment and Exclusions Explained
Learn how home sales are taxed and when you qualify for the $250K/$500K capital gains exclusion. Understand basis calculations, reporting requirements, and strategies to minimize taxes when selling your primary residence.
John C Thompson, EA