Is rent a tax deduction? You generally cannot deduct rent from federal income taxes but some states offer a renter's credit.

If you're a new real estate investor, you might ask yourself, "Will the IRS know about my rental income?" The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...

As tax season approaches, you might be asking yourself, “Is rental income taxable?” Or, “Do you pay tax when you sell a rental property?” The short answer is that it depends. Rental income is often ...

The Augusta rule allows homeowners to rent out their primary residence for up to 14 days per year without paying federal taxes on the rental income. Originally created for Augusta, Georgia, residents ...

Like with almost any dollar you earn in the United States, if you earn rental income, you must report this on your taxes. This is true whether you have an extensive rental business with apartment ...