In this week's Ask the Editor Q&A, Joy Taylor answers questions on reporting income and loss from residential rental property.

Is rent a tax deduction? You generally cannot deduct rent from federal income taxes but some states offer a renter's credit.

These include rental income, which acts like dividend income, along with substantial tax advantages and expense write-offs, which can feel like bonuses. "Owning a rental property isn't just about ...

Retirement involves thoughtful planning and strategic financial decisions. Understanding rental income taxation is an important component of such planning, especially for retirees. Here’s what you ...

I receive a private pension and previously received income from a rented property. Tax on the pension was dealt with via PAYE and I submitted self-assessment for the rental income. I decided to sell ...

David McGuire is a leading expert on cost segregation, fixed assets and depreciation law and a co-founder of McGuire Sponsel. One of the first questions a new owner of a short-term rental might ask is ...

I have recently purchase a investment property using cash. The cash was generated through selling of my own primary residence. I now have purchase and move into a new primary residence with mortgage ...