Every Landlord's Tax Deduction Guide.

• Author: Fink, Philip R.
• Position: Brief article - Book review

Every Landlord's Tax Deduction Guide, by Stephen Fishman (Nolo, 3d ed., 2006), is a comprehensive reference on all aspects affecting the ownership of rental properties. The book is written for the nontax professional. It covers the proper tax records to retain, as well as how to complete Schedule E, Supplemental Income and Loss (From rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc.), which accompanies a landlord's Federal tax return. It shows how to maximize depreciation deductions and tax credits unique to real estate. Other topics include...