if you buy a house that you rent out to tenants, you can generally deduct a portion of the purchase price allocated to the building (but not the land) each year until your combined deductions equal the cost of the property.
Rental Property Bookkeeping WCG specializes in real estate investors and as such we provide accounting services for rental properties. Rental properties are a business like any other, and the proper tracking of revenue and more importantly the associated expenses are essential. The bookends to the va...
There are certain documents that a property owner or one in charge of a property owned by another must keep. Two such are rental and lease agreement forms. These documents help you state with clarity your expectations from a property you own and those wh