New Tax Law May Encourage Home Rentals - News Summed Up

New Tax Law May Encourage Home Rentals


The new tax law brought welcome news for people who rent out their homes for short periods. And it likely will entice even more people to do it. To be sure, the tax rules are complicated and the Internal Revenue Service and the Treasury Department haven’t issued the final regulations yet. But here are some ways short-term landlords could benefit:Property-tax deductionsThe...


Source: Wall Street Journal March 26, 2018 02:05 UTC



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