Here’s a great idea for rental property owners!

If you’re a rental property owner you’re probably aware of two important facts:

FACT #1: Your rental property provides you with a nice tax shelter when you deduct your losses against your other income.

FACT #2: In order to deduct those losses, you have to pass Uncle Sam’s 750-hour test.

What you might not know is that your home office can help you pass that important test.

You’ll get the whole story, filled with good news, when you read my new article titled Tax Tips: Magic Release of Rental Property Tax Deductions with a Home-Office Deduction.

Three ways our fact-filled article can help you:

1. We’ll explain the tax-law’s handling of income and deductions. Rental income is considered “passive,” but there are two exceptions that let you use your passive losses against any of your other income. All will be explained when you read the full article.
2. We’ll tell you why a home office can come to your rescue. If you know what you’re doing, an office in your home can help you deduct rental-property losses. We’ll explain the whole “home sweet home-office” story when you read the full article.
3. You’ll learn about the important Trzeciak case. Mariam Trzeciak took on the IRS and won. What saved her? Her home office! We’ll explain the impact of the Trzeciak decision on your situation when you read the full article.