As the popularity of short-term rentals through services such as Airbnb and Vrbo continues, CPAs more often face questions from their tax clients of how rental income and expenses are treated for tax ...

Three ingredients are needed to make a tax shelter: debt, depreciation and a safe investment. Real estate deals can bring these three together. Jason Kleinman As many of you may know, however, the ...

Certain income and expenses of a passive activity are not considered passive activity income or expenses in determining passive activity income and loss: income from interest, dividends, annuities, or ...