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
Level
Overview
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.
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