11 min read
7 states pushing to eliminate property taxes in 2026
Property taxes have long been one of the most frustrating ongoing costs of homeownership. You buy a house once, but the tax...
11 min read
Property taxes have long been one of the most frustrating ongoing costs of homeownership. You buy a house once, but the tax...
11 min read
Rental property accounting means tracking and analyzing the financial activity of real estate investments. It has its own rules and routines. And...
12 min read
Successfully managing rental properties requires careful financial tracking, and for landlords, QuickBooks seems like a smart choice for rental property accounting. But...
12 min read
Accelerated depreciation is a real estate tax strategy that can help you maximize deductions for eligible assets in the first years of...
9 min read
One of the great things about being a landlord, in addition to a stable source of income, is the tax benefits it...
11 min read
Streamline your rental management with TurboTenant's expense tracking feature, simplifying tax filing and maximizing deductions for landlords.
13 min read
It's tax season! Read to understand everything you should know about Schedule E, plus how to file your taxes this year.
13 min read
Whether you own one rental property or 10, setting up a limited liability company (LLC) is a wise move. Not only will...
14 min read
A tax deductible is a qualifying charge you can subtract from your taxable income to lower the amount of taxes you owe.
14 min read
Did you receive a 1099 for rent this year? Tax laws related to 1099 forms for rental income have changed in recent...
9 min read
Between unrelenting inflation, rising eviction rates, and increasing insurance premiums, turning a profit as a landlord is tough enough. Taxes, an often...
12 min read
Looking for a rent ledger template PDF? Rent ledger templates are popular for a reason: They’re an accessible entry point for an...
8 min read
Landlords have a plethora of tax savings deductions at their disposal, but many fear the complexity of using them. Some believe that...
11 min read
The short-term rental tax loophole is a strategy used to reduce the tax burden for real estate investors. Also known as the...
11 min read
A chart of accounts for rental property is a bookkeeping tool that organizes all your financial transactions and brings clarity to your...
13 min read
Every real estate investor wants to maximize their deductible expenses. But if you’re new to rental property bookkeeping, you may wonder, “Are...
8 min read
Landlords have numerous strategies they can use to save on their rental property income taxes, but understanding and managing them can cause...
12 min read
In real estate, the debt service coverage ratio (DSCR) measures a property’s available cash flow to cover its short-term debt obligations. DSCR...
15 min read
The real estate professional status is one of the biggest tax advantages available for rental property owners — and it’s one of...
12 min read
Rental property accounting software for small landlords is a crucial part of your real estate business. Although some bookkeeping platforms offer free...
11 min read
According to TaxFoundation.org, taxes are the average American’s biggest expense, costing more than food, clothing, and housing combined. However, tax law strongly favors...
19 min read
As a landlord, keeping track of your rental property’s finances is essential for running a successful business. A dedicated bank account makes...
14 min read
Learn how rental property depreciation can maximize returns by reducing taxable income for real estate investors.
12 min read
Embrace the shift towards digital solutions in property management with digital rent receipts, which streamline payment processes, ensure compliance with varying legal...
12 min read
TurboTenant emerges as the top choice in property management accounting software for 2024, offering intuitive, automated features like online rent payments and...
12 min read
Congratulations — you made a profit on your rental property this year! But do you know how rental income is taxed? Part...
11 min read
As tax season approaches, you might be asking yourself, “Is rental income taxable?” Or, “Do you pay tax when you sell a...
13 min read
For rental property owners, net losses are common — but do you know the passive activity loss limitations? How do you handle...
9 min read
While real estate tax strategies can seem intimidating and complex, they are a powerful way for real estate investors to boost their...
13 min read
Depreciation is a critical tax deduction for rental property owners, and one of the first steps in your depreciation calculations is determining...
11 min read
Double-entry accounting is the standard bookkeeping method most companies use today to record transactions. With this method, every transaction has two parts,...
11 min read
As a rental property owner, you have the option of keeping your books using either the cash-basis or accrual-basis method. The accounting...
11 min read
The balance sheet is one of the three most important financial reports for landlords. It’s a snapshot of your rental’s finances showing...
10 min read
Learn all you need to know about North Carolina property taxes here.
9 min read
Learn all you need to know about Massachusetts property taxes here.
14 min read
TurboTenant acquired real estate accounting platform REI Hub to expand our accounting offerings to independent landlords. REI Hub is an accounting platform built...
9 min read
Learn everything you need to know about Michigan property taxes here.
7 min read
Learn everything you need to know about Wisconsin property taxes here.
12 min read
Profit and loss statements (P&L) are one of the key reports rental property owners need to run their businesses. Also known as...
12 min read
Many landlords use the terms bookkeeping and accounting interchangeably as if they mean the same thing. Doing so is understandable since both deal with a business’s...
9 min read
Learn everything you need to know about Washington property taxes here.
12 min read
Real estate accounting is an essential part of running a rental property business, no matter the size of your portfolio. Whether you...
8 min read
Learn everything you need to know about Colorado property taxes here.
10 min read
Learn everything you need to know about Illinois property tax here.
10 min read
Learn everything you need to know about New York property taxes here.
9 min read
Learn everything you need to know about Georgia property taxes here.
10 min read
Find out everything you need to know about Texas property taxes here.
15 min read
Staying compliant with IRS rules for rental property is a non-negotiable piece of the landlord puzzle. As we all know, Uncle Sam expects full transparency from...
10 min read
If you’re a new real estate investor, you might ask yourself, “Can the IRS find out about my rental income?” The answer...
13 min read
Whenever tax season rolls around—bringing with it all those dreaded forms and reports—many landlords enlist the help of a real estate tax...
10 min read
Real estate offers some of the most dependable returns on investment available. While owning and operating a rental property comes with associated...
5 min read
Property tax assessments aren’t always accurate. Thanks to rising property values, many landlords are hit with inflated tax bills—even when their property’s...
12 min read
Are you looking to make your rental property more attractive to potential renters? Or maybe you’re considering putting it on the market...
14 min read
If you’ve sold a home before, you likely know the process takes more than just listing the property on the open market....
19 min read
As you may well know, paying property taxes is one of the more frustrating parts of home ownership. Whether you’re a homeowner,...
14 min read
For new homebuyers and sellers, realtor fees are an often misunderstood part of the home-buying process. Because they can represent a significant...
16 min read
The 1031 exchange is a strategic tool real estate investors use to swap properties while cashing in on tax benefits. With a...
12 min read
Finding the best real estate accounting software for your needs is crucial, no matter the size of your portfolio. Because, let’s face...
7 min read
This blog explains how to understand, calculate, and report taxable rental income, including deductions and tax strategies for landlords.
6 min read
In this article, we go over all the different terms you'll encounter so landlords know how to read a TransUnion credit report...
8 min read
DIY landlords who want to keep accurate records benefit from checking out our five essential property management bookkeeping tips.
10 min read
Discover how to invest in real estate with a self-directed IRA. Learn the benefits, tax implications, and post-investment management.
14 min read
Discover how landlords can alleviate tax burdens by navigating the complex property tax appeal process in the 2024 guide, enhanced by tools...
4 min read
Adverse possession, also known as squatters rights, scares landlords everywhere. Here’s how one handyman has started turning the tide.
6 min read
Landlords, use these tax tips to get your accounting in good shape before the new year. Tax season is coming soon -...
5 min read
Automating your rental accounting offers perks for your business, but did you know it could impact other areas of your life as...
7 min read
Get clarity on the term “residential rental property” and different types of rental income important for landlords for tax purposes.
6 min read
If you want your rental property business to turn a profit, nothing is more important than mastering rental property accounting.
8 min read
When financial health is on the line, landlords will want to consider all their options, including refinancing their investment property.
8 min read
Wondering what credit score you start out with? Learn what credit score everyone starts with and how credit scores are determined.
4 min read
Discover 3 simple methods to prorate rent accurately. Whether you're a property manager or a tenant, learn to crunch numbers without the headache.
6 min read
Now that you're a landlord, your taxes look different. Here we talk about what they look like now, the steps you should...
3 min read
TurboTenant partners with REI Hub to offer user-friendly accounting software for landlords, easily accessible from your account.
4 min read
Rent reporting enables your renters to increase their credit score simply by paying rent every month, encouraging on-time payments.
10 min read
Learn how sole proprietors are taxed differently, focusing on landlords, and understand the implications for personal and rental business taxes.
9 min read
A rent roll is crucial for landlords, showing rental income and tenant details, key for property management and financial analysis.
10 min read
Discover how rent reporting can build credit history without adding debt, benefiting both renters and landlords, in this comprehensive guide.
8 min read
Learn about CARES Act mortgage forbearance for landlords facing pandemic-induced financial struggles. Explore eligibility, process, and alternatives.
7 min read
As of July 1, 2021, California's SB 1157 mandates landlords of subsidized units to offer rent reporting to credit bureaus for tenants.
3 min read
Our landlord tips for tax season include deductions, depreciation, risk of recapture, improvements vs. repairs, and professional fees.
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