How Rental Properties are Taxed
I saw a great article recently on The Motley Fool website about how rental properties are taxed. My wife and I have invested in rental homes for many years, some we do out of our personal accounts and some out of our retirement accounts. There are some huge tax advantages to doing either and I am always happy to discuss, but many people ask me "what can I write off on a rental". This article covers this well. The key is even if you think you arent making money on a rental, after taxes and depreciation you are (and thats not counting appreciation).
Many of my clients have built much personal wealth owning rentals, so check out this article about the tax advantages of such. https://www.fool.com/millionacres/taxes/real-estate-101-how-rental-properties-are-taxed/