Buildium

DECEMBER 17, 2024

1, 2026 and is not available to employees. Under IRS regulations, any personal property you buy for your business that costs less than $200 is deductible as materials and supplies. If this deduction applies, you are effectively taxed on only 80% of business income. This deduction is scheduled to end on Jan.

Property Management 246

Property Management Property Manager Management Property 246

Buildium

DECEMBER 30, 2024

1, 2026 (but it could be extended) and is not available to employees. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business. You can qualify to deduct up to 20% of your net business income from your personal income tax return.

Property Management 245

Property Management Property Manager Management Property 245

Rental Housing Journal

APRIL 14, 2025

Investors original capital gains taxes are deferred until their 2026 tax payment (typically Spring 2027). QOZ Tax Law Updates As of March 2025, the tax deferral provisions under the Qualified Opportunity Zone (QOZ) program are legislatively set to expire on December 31, 2026. Due diligence is critical to making informed decisions.

Rental Property 52

Rental Property Property Real Estate Consulting 52