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Landlords

August 24th, 2021

Landlord

Landlords operate in a unique business environment and need to be aware of all allowable business expenses available to them. Leasing expenses paid out of pocket would include advertising, maintenance such as painting, inspections and physical visits to the property.  The actual rental property is recovered through annual depreciation expense over a 29.5 year life.  Maher’s Tax Service has the experience to help you identify all of your business expenses and thus reduce the amount of income taxes and quarterly payments.