Property Manager

Tax Scenarios for Furnished Houses for Rent

Whether tax season has come and gone or has just begun, if you have any furnished houses for rent, it is of the utmost importance that you know how taxes may help you to enjoy higher returns. In another article on this issue, we considered the expenses that you could (and could not) deduct at tax time, and it is a good idea to re-familiarize yourself with the viable deductions. However, many owners are unclear about rental property taxes and what the overall tax implications might be for this sort of income....