Landlord Tax Guide
The ability of a landlord to earn a profit can be dependent on having a reasonably detailed knowledge of the tax law. This is because the law is replete with benefits for landlords. In the Landlord Tax Guide
, we summarize the key tax issues that make the difference between generating a profit or a loss, including taxable deductions, passive activity losses, acquisition costs, the sale of real estate, depreciation recapture, and much more.
Format
PDF Course
Course Lists
Duration
1.5 Hours
Course Information
Author: Steven Bragg
Course Number: TX1044
IRS Program Number: 72821-T-00086-25-S
Learning Objectives
- Recognize the expenses that a landlord classified as an investor cannot take as a tax deduction.
- Identify the costs to include in the basis of a property.
- Specify the tax impacts of various mortgage financing situations.
- Recognize which landlord transactions must be recognized in the current year, and which ones must be capitalized.
- Identify the asset classifications in the MACRS depreciation table.
- Specify how the passive activity loss rules apply to a landlord.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Taxes
Prerequisites: None
Advance Preparation: None
Latest Review Date: April 2025
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.
