The IRS permits various deductions on rental property. Qualified expenses, such as mortgage interest payments, maintenance fees, and insurance, can lower your tax bill. You can also use depreciation, ...

Here are a few common rental depreciation questions: What is rental property depreciation? What are some depreciation tax advantages? How to report depreciation? How is it calculated? The Internal ...

Drazen_ / Getty Images If you own rental property, you can save money by deducting mortgage interest, depreciation, property taxes, and the cost of operation and maintenance. First, consider what ...

If you need help managing the tax liability of your rental property, consider reaching out to a financial advisor. Depreciation reflects the gradual decrease in value of a rental property due to ...