Randall S. van Reken, EA, CFP, ATP
Tax Man LLC
Tax Changes 2018
Rental Property - Not Much Has Changed
The major issues of the Tax Cuts impacting most of us are "personal" in nature. By contrast most business and rental issues remain unchanged as far as the deductions available to taxpayers.
So while there are some issues on your personal residence regarding mortgage interest and property taxes, those issue are unchanged on rental property.
The bottom line on the rental property data I need from you is:
Do it the same way you always have.
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