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2. Selling a rental property? Here are the tax consequences - AOL

   www.aol.com/news/selling-rental-property-tax...

   You’re not eligible for the $250,000-per-person home sale profit exclusion, and in addition to paying capital gains tax you also face a depreciation recapture tax of 25%.

3. Form 1099 - Wikipedia

   en.wikipedia.org/wiki/Form_1099

   The form is used to report payments to independent contractors, rental property income, income from interest and dividends, sales proceeds, and other miscellaneous income recipients to tax professionals. This has led to the phrases "1099 workers" and "the 1099 economy" to refer to those whose income is reported on Form 1099, in contrast to a "W ...

4. 11 Tax Deductions You Can Take If You Have Rental Income - AOL

   www.aol.com/11-tax-deductions-rental-income...

   Here’s a list of common tax deductions if you have rental income: Mortgage interest. Property tax. Operating expenses. Depreciation. Repairs, including materials and supplies. Interest. Taxes ...

5. Property tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Property_tax_in_the_United...

   Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due.

6. Capital gains tax on real estate and selling your home - AOL

   www.aol.com/finance/capital-gains-tax-real...

   A rental property doesn’t have the same exclusions as a primary residence when it comes to capital gains taxes. You would have to pay a 25 percent depreciation recapture tax on the portion of ...

7. Installment sale - Wikipedia

   en.wikipedia.org/wiki/Installment_sale

   If a taxpayer realizes income (e.g., gain) from an installment sale, the income generally may be reported by the taxpayer under the "installment method." [5] The "installment method" is defined as "a method under which the income recognized for any taxable year [ . . . ] is that proportion of the payments received in that year which the gross profit [ . . . ] bears to the total contract price."

8. Loss on sale of residential property - Wikipedia

   en.wikipedia.org/wiki/Loss_on_sale_of...

   To calculate the loss on residential property that was converted into a rental, prior to the sale of the property, Treasury Regulation section 1.165-9(2) states that the basis of the property will be the lesser of either the fair market value at the time of conversion or the adjusted basis determined under Treasury Regulation section 1.1011-1.

9. The Augusta Rule: How to earn tax-free rental income - AOL

   www.aol.com/finance/augusta-rule-earn-tax-free...

   As long as you rent for fewer than 15 days during the year, that rental income is tax free. Things to keep in mind when renting your home for two weeks or less: