Understanding the 20% Pass-Through Tax Deduction for Redding, CA Landlords
Authority Property Management
SEPTEMBER 13, 2024
The TCJA introduced a new income tax deduction for owners of pass-through businesses, which includes most landlords. If your rental activity qualifies as a business for tax purposes, you could be eligible to deduct up to 20% of your net rental income from your income taxes. Who Qualifies for the 20% Deduction?
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