If you’re a new real estate investor, you might ask yourself, “Will the IRS know about my rental income?” The answer is simple: Yes, the IRS will know if you have rental income. And if you try to ...

If you own real estate, you know your rental income needs to be reported on your federal income tax return. However, you can usually deduct associated expenses from that rental income. But did you ...

As a landlord or aspiring real estate investor, it’s possible that a lender will let you use rental income to qualify for a mortgage. Whether they actually do so will depend on your ability to provide ...

With summer vacation season rapidly nearing, lots of Americans are getting ready to rent their homes. This is easier than ever to do with services such as Airbnb, HomeAway and VRBO. It's nice to ...

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses. Schedule E is filed along with your Form 1040 individual income tax return.

Buying an investment property can be an excellent way not only to generate income, but to build wealth over time. However, as with any other investment, it's important to know exactly what you're ...

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