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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

1, 2026 (but it could be extended) and is not available to employees. Insurance Insurance you buy for your business, such as business liability or property insurance. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business.

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Options For Deferring Taxes Without Buying Another Rental Property

Rental Housing Journal

Beyond traditional 1031 investing: Options for deferring taxes without buying another rental property. Investors original capital gains taxes are deferred until their 2026 tax payment (typically Spring 2027). Consulting a qualifiedtax professional or attorney can help ensure IRS compliance and mitigate risks.