T
Tax Tip
Be sure to deduct any advertising expenses that are considered
“ordinary and necessary” for your rental property.
Common expenses can be advertisements on the radio, in the newspaper,
classified lists, and phone books. Other expenses may include the cost
of signs, banners, and postage for mailers.
You can even deduct the cost of advertising for vacancies, including
the cost of building a web site – just be sure that they are “ordinary
and necessary” for your rental activity.
Check out Real Tax Tips at TReXGlobal.com to learn more about saving
time and money on properties and taxes.
Be sure to try Simplify'em, the Property Management Software that's
available for free at TReXGlobal.com.
(http://www.trexglobal.com)
Community Relations TReXGlobal.com
(http://www.trexglobal.com/property-management-software)
Property Management Software for FREE, Money Saving Tools for Real
Estate Investors
“ordinary and necessary” for your rental property.
Common expenses can be advertisements on the radio, in the newspaper,
classified lists, and phone books. Other expenses may include the cost
of signs, banners, and postage for mailers.
You can even deduct the cost of advertising for vacancies, including
the cost of building a web site – just be sure that they are “ordinary
and necessary” for your rental activity.
Check out Real Tax Tips at TReXGlobal.com to learn more about saving
time and money on properties and taxes.
Be sure to try Simplify'em, the Property Management Software that's
available for free at TReXGlobal.com.
(http://www.trexglobal.com)
Community Relations TReXGlobal.com
(http://www.trexglobal.com/property-management-software)
Property Management Software for FREE, Money Saving Tools for Real
Estate Investors