Rental Property Tax Tips

Owning property is a big part of the American dream for many taxpayers, and it seems the federal government is trying to reward such behavior. The U.S. tax code allows rental property owners take advantage of deductions not available to others. In fact, being able to take advantage of so many tax deductions is often what makes owning rental property a lucrative venture. On today’s show, Ralph discusses common tax deductions available to rental property owners. Submit your questions or ideas for future shows, tweet us at @askralphmedia or email us at [email protected]. Like us on Facebook and follow us on Twitter (@askralphmedia) or visit www.askralphmedia.com for more information.