3-hour Tax Benefits of Residential Rental Property

In this course, we cover the financial issues related to residential rental property, focusing on ways to maximize tax benefits. We cover what counts as income, how to allocate expenses, and how to recover the cost of income producing property through depreciation. You will also learn how to handle the tricky situation of personal use of a property you rent out. 

In this course, we will cover the financial issues related to residential rental property, including the rental of vacation homes. We will cover what counts as income and how to allocate expenses. You will see how to recover the cost of income-producing property through annual tax deductions and learn how to report rental income and expenses on tax returns. You will also see how to handle the tricky situations when you have personal use of a property you rent out.

At the completion of this course, you should feel confident that you know how to handle the tax implications involved with owning residential rental property.