Tax Tips for Salaried Employees with Rental Properties
197.00 $
Published date: 2025/09/11
- Location: 3562 Gz, Town of Coventry, New Jersey, United States
Salaried workers who take on a side rental property can gain supplemental earnings, yet they must handle new tax obligations. This guide explains what you must know to remain compliant, reduce liability, and maximize deductions.
INTRODUCTION
If you earn a regular paycheck and also own a rental property, the IRS views the rental income as passive. Even if you’re not a full‑time landlord, the same rules for all renters apply to you. Knowing these rules in advance can prevent surprises on your return.
TAXABLE INCOME FROM RENTALS
Gross Rental Income – Add together every rent payment you receive during the year. Include any security deposits that are actually returned to tenants.
Extra Income – Charges for parking, laundry, 節税対策 無料相談 or other services are taxable.
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