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If you own a rental property, no doubt
you're going to visit it from time to time.
Maybe there's a leak that needs
fixing. Or perhaps you want to hand over the keys to a new tenant. In any
case, if you're driving to your rental units you need to ask yourself these
three questions:
Question #1: "For tax purposes, how do I treat a trip from home
to my rental property?"
Question #2: "Does that trip produce deductible mileage?"
Question #3: "Or
is the trip to be treated as a personal commute?"
The answers to these important
questions must be determined before you file your tax returns. Which makes
this the perfect time to read my latest article titled Tax
Deductions for Mileage to Rental Properties.
Three ways our fact-filled article can
help you:
1.
We'll
tell you four things to keep track of. If you want to keep the IRS happy be sure to keep good
records. We'll tell you what's important to document when you Read
the FREE article.
2.
You'll
learn the general rule that applies. "To deduct, or not to deduct. That is the
question." Want a straight answer to this question based on our careful
reading of the tax law? Don't miss this chance to Read
the FREE article.
3.
We'll
explain a great way to make sure you get your deduction. If your rental properties rise to the level of a
business, then you can install an office in your home. (You might have one
already.) That would make the trips from your home to and from your
properties deductible. We'll provide the details when you Read
the FREE article.
To get started, CLICK
HERE. You'll get a no-obligation 7-day
FREE trial during which you can read, not only the article I mentioned above,
but all of our helpful tax-saving tips from the last two months. This trial
is absolutely free and there are no strings attached. That's a personal
promise.
Sincerely,  W. Murray Bradford, CPA Publisher Tax Reduction Letter www.bradfordtaxinstitute.com |
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7 Mount Lassen Drive, Suite C258, San Rafael, CA 94903
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