Whether you rent out a property long-term or short-term, there are lots of tax deductions that can save you money. Lisa Greene-Lewis, TurboTax expert and CPA, explains. If you have income from rental ...

Rental income is taxable, but not all you collect is subject to tax. You’re allowed to subtract expenses you paid to get the property ready for rent and then maintain it as a rental. Rental income and ...

TurboTenant reports that the IRS will know about your rental income, and failing to report it can lead to serious penalties ...

You'll often hear that it's best not to retire on Social Security alone, but rather, to have additional income streams at your disposal. And you have several options in that regard. If you manage to ...

Real estate is a vital part of Americans’ economic lives, making up some 28% of the net U.S. household wealth, according to the Federal Reserve—a hair’s breadth behind equities, which account for ...

Rental properties can add an extra stream of income to your retirement portfolio. Buying a property or two could provide enough income to allow you to retire sooner. However, you'll need to ensure ...

Andrew Beattie was part of the original editorial team at Investopedia and has spent twenty years writing on a diverse range of financial topics including business, investing, personal finance, and ...

Are you trying to make some passive income? Many people are looking for new ways to supplement their regular earnings and generate extra cash flow — and passive income can provide just that. Owning ...

As winter blustered through his Cleveland hometown, Steve Novotny may have been a world away, pulling his sailboat up to a dock in sunny Florida on his way to the Bahamas. Four years ago he plunged ...

Nicole Shirvani is a board-certified, full-time psychiatrist in Florida. But she’s also a profitable property investor, with ...