You own rental property- but does that mean you are self-employed? Today, we’re tackling several key questions about self-employment tax, who it applies to, and what you need to know!

Vacation homes make fantastic seasonal rentals, and the IRS even offers tax breaks to property owners who meet certain requirements. Let’s talk about seasonal rentals, the pros and cons of short-term rentals, and the tax implications that come from renting out your vacation home.

No matter why you put your personal property into service as a rental or for business use, you need to know its basis to be able to claim depreciation deductions. Today, we'll cover the basics of basis, depreciation, and their calculations for three types of personal property in service.

The home office deduction can be complicated, and questions are understandable. What can you include in the deduction? How do you calculate it? Where do you report it? Today we’ll cover the dos and don’ts of the home office deduction so you’ll be ready to file in time for tax day.

Whether or not you can take a home office deduction for your rental property is not an easy question! To help you navigate this gray area, we’ve put together a review of the home office deduction and the questions surrounding it. Why is there a debate? Who qualifies for the deduction? Is taking the deduction worth it? We’ll cover all those and more.

Have you thought about setting up a property management company? It may sound like an easy way to make money and realize tax benefits, but it may be more complex than you think. Before you jump in, consider these pros and cons of starting your own property management company.

Calculating revenue is a hot topic for rental property owners, particularly since reporting too little or too much income comes with significant consequences. In this article, we’ll discuss the basics of reporting rental income, ways the IRS can learn about unreported revenue, and the potential results of incorrectly reporting your rental income.

Rental losses are common in the real estate investment industry, but many investors aren’t sure how to handle them when tax time arrives. To clear up this confusion, today we’re answering the top five questions related to real estate losses.

As a real estate investor, you may wonder if hiring a property manager is right for you and your rental business. Each situation is unique, so let’s discuss what property managers do, types of property managers, and the pros, cons, and fees associated with management companies.

Today we are examining the Schedule E’s income and expense categories. When it’s time for you to complete your Schedule E, you’ll be confident that your reportable income is accurate and your deductible expenses are properly categorized.

If you’ve put off working on your tax return, don’t panic. REI Hub is here to help. Use our checklist for last-minute filers to tackle your tax prep essentials.

Getting your tax return ready for your rental property business can be overwhelming and stressful. We can help you fight that tax-related anxiety, though. REI Hub’s comprehensive five-part review will help you get ready for tax time.

Rushing through your tax prep for the year comes with risks, so we’ve put together a checklist of accounting red flags. If your records have any of these issues, your books may not be ready for tax time.

Knowing how to budget and plan for costs will save you money and stress in the long run. So, we’ve created an eight-step process to help you create, maintain, and use a budget effectively for your rental property business.

Winter presents unique challenges and risks for rental property. Use our checklist and tips to get your rentals—and tenants—ready before winter settles in.

The end of the year is a hectic time for everyone—including rental property owners. We’ve put together an outline to help you review your books—and business—so you can finish this year confidently.

Let’s compare and contrast aspects of long- and short-term rentals so you can choose the investment strategy that works for you!

An LLC is a great option for many landlords—but maybe not for the reasons you’re thinking. Let’s look at these misconceptions to uncover what the true purpose of an LLC really is.

As a rental property owner, you wear many hats, and all too often admin work like bookkeeping gets pushed aside, forgotten, or ignored. We’ve categorized key bookkeeping tasks by frequency so you can customize a workflow and run a better business without getting behind!

All businesses must pay taxes to federal, state, and local authorities - but there are dozens of kinds of taxes. Do you know which taxes your rental property business is required to file and pay?