Last Minute Tax Tip - Rental Income
The lower your rental income for the year, the less that you will owe in taxes. By minimizing your rental income, you can reduce your taxable liability.
This does not mean you should stop collecting rent, it just means you might not have to include all the rent you've collected in your taxable rental income.
Click here for the other last minute tips. To learn more about saving money on taxes, try the property management software and other money saving real estate software from TReXGlobal.com.
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