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Starting Out
HomeForumsStarting OutHow do you handle taxes on rental property?
Mike Shirley's profile image
Mike Shirley's profile image
Mike Shirley
  • from Meridian, Mississippi
  • Member since May 23, 2019
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Mike Shirley's profile image
Mike Shirley's profile image
Mike Shirley
  • from Meridian, Mississippi
  • Member since May 23, 2019
Connect
Mike Shirley
  • Meridian, MS
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14
Posts
Starting Out

How do you handle taxes on rental property?

Mike Shirley
  • Meridian, MS
Posted Jun 1 2019, 11:06

When buying, fixing, and renting property, how do i handle the business with taxes? I operate under an LLC, so should I just report rental payments as income taxes or is there more to it?

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