With Budget 2025 raising break-even limits, tax savings under the old regime seem tougher. But for salaried couples in ...

Just because you work from home doesn't mean you can deduct a home office on your taxes. Here's how to qualify for the ...

The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Some home improvements are tax deductible, but the IRS has strict rules about which are eligible. Find out if your project or ...

The mortgage tax break is one of the most common. It enables you to deduct the home mortgage interest on the first $750,000 ...

So are these HOA fees deductible on taxes? It depends. If you buy a property as your primary ... Can I write off HOA fees on a rental property? If you own a rental property and lease it to a tenant, ...

Wondering how your home loan interest affects your tax liability? Compare self-occupied vs rented property under the old and ...

And they can be an income tax deduction, along with other state and local taxes. As with all of these ... a house you use as an occasional rental, or a home office. Many people are keeping their ...

You can also claim deductions for a portion of other expenses such as rent or property taxes, home depreciation, and utilities ‒ based on the proportion of the space to the rest of your house.

Owning a rental property is a good investment as this can help provide you with a stable income. Create a steady cash flow in ...

As an accountant, one of your primary roles is ensuring your landlord clients are maximising their tax relief by claiming all ...

Forget the TV sitcom stereotypes of clueless landlords. To make the most of income property requires an accountant’s eye for ...