Remove 2026 Remove Property Management Software Remove Rental Property
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How bonus depreciation can save your property management company money

Buildium

In the eyes of the IRS, many assets, including rental properties, depreciate over time due to wear and tear, along with other factors. Because of that, you can write off the cost of the property over the course of its useful life (27.5 years in the case of a residential rental property).

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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. Having property management software with accounting features can help you do that. Basically, youre taxed on only 80% of business income.