Everand Logo

Welcome to Everand!

  • Kiplinger

    A New Tax Break for Rental Income

    by Joy Taylor, Editor, The Kiplinger Tax Letter Jan 02, 2020 2 minutes

    Renting out property can create a retirement income stream that is Uncle Sam friendly. The federal tax law is replete with breaks for landlords, and the 2017 tax law created a new write-off that mSelf-employed individuals and owners of S corporations, partnerships and LLCs can now write off 20% of their qualified business incomeany landlords can take for their Schedule E rental income.

    The new tax break falls under the special 20%

    You’re reading a preview, subscribe to read more.

    More from Kiplinger

    Kiplinger5 min read
    What You Need to Know About Life Insurance Settlements
    Your life insurance monthly premium can start looking less and less appealing once you’ve retired. It’s a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own
    Kiplinger4 min read
    This New Sustainable ETF’s Pitch? Give Back Profits.
    Feel like society and the environment are beginning to break down? There’s an ETF for that. Newday Impact’s Sustainable Development Goals ETF (SDGS) delivers a growth-oriented product that promotes dual impact, promising to advocate for environmental
    Kiplinger12 min read
    The Best Travel Rewards Credit Cards
    Whether you travel often or just take the occasional vacation, a travel rewards credit card can be an excellent companion. With every purchase, you can use a good travel card to collect points or miles that are redeemable for flights, hotels or other

    Related Books & Audiobooks