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rental property articles

Every investment property owner finds out soon enough that property ownership isn't just about collecting rent and keeping the property in shape. At EasyRentalTools we continuously add articles that help investors with both common rental ownership concepts and little-known issues that can trip up an otherwise profitable rental property. EasyRentalTools also has handy calculators to help with things like depreciation, mortgage payments, etc. Enjoy!

Rental Property Depreciation Examples

The first year of depreciation on a rental property will differ depending on the month first made available as a rental.     read article

IRS 1040 Schedule E Explained

IRS 1040 Schedule E is used by individual taxpayers to report rental property and royalty income and expenses.     read article

Are Vacant Rental Property Expenses Deductible?

Vacant rental properties must be available for rent in order for expenses to be deductible.     read article

Real Estate Repairs vs Improvements

Repairs fix something broken. Improvements add value to the property.     read article

Three Common Rental Income Mistakes

The IRS has some income reporting mistakes they look for on rental property tax returns. Here's three common ones.     read article

Active vs Passive Investors

Active rental property owners generally get more favorable tax treatment than do passive investors.     read article

Section 179 and Rental Property

Section 179 deductions allow for the deduction of the cost of certain qualifying equipment in the year purchased but does not apply to equipment purchased for a rental property.     read article

Is PMI tax deductible?

PMI (private mortgage insuance) is tax deductible as an expense for rental properties.     read article

Are loan points tax deductible?

Loan points (loan origination fees) have to be deducted over the life of the loan.     read article

$25,000 passive loss allowance for rental properties.

Many property owners can deduct up to $25,000 in rental property losses from other income (W-2, etc.).     read article
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