Tax Resources For Rental Properties

Owning rental real estate can be a rewarding experience, but the tax rules surrounding such an endeavor can be very complex and confusing. Some key questions that affect tax treatment of your rental real estate focus on your level of participation, whether you actively or materially participate in managing your property or properties, or whether the property or properties constitute a “rental real estate enterprise”.

Rental Properties Resources

For some general information on these topics, see the links to IRS information below:

General description of “Material Participation.”
General description of “Active Participation.”
General description of “Rental Real Estate Enterprise.”

To discuss your situation, please contact one of our tax preparers.