| |
 |
|
|
Finance & Stock Groups Forum Index » Real Estate » Making Health Insurance a Rental Expense
Page 1 of 1
|
| Author |
Message |
| Tax Tip |
 Posted: Sun Aug 31, 2008 3:37 pm |
|
|
|
Guest
|
Costs to insure rental property are deductible, so depending on how
you structure your rental business, you may be able to cover your life
and medical insurance as part of the rental business.
Structuring your rental property business as a Limited Liability
Company (LLC) may permit you to deduct these costs for you and your
family, but you should talk to a tax advisor to find out more about
your own situation.
You should also refer to IRS Publication 535 to learn more about
business expenses.
Check out Real Tax Tips at TReXGlobal.com to learn more about saving
time and money on properties and taxes.
Be sure to try Simplify'em, the FREE Property Management Software from
TReXGlobal.com. (http://www.trexglobal.com).
Community Relations TReXGlobal.com
(http://www.trexglobal.com)
Simple FREE to se Web Tools for Real Estate Investors |
|
|
| Back to top |
|
| |
|
Page 1 of 1
All times are GMT
The time now is Mon Dec 01, 2008 5:01 pm
|
|
|