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Updated about 7 years ago on . Most recent reply presented by

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204
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81
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Jamie Brayton
  • Property Manager
  • Troy, NY
81
Votes |
204
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Standard deduction and rental properties

Jamie Brayton
  • Property Manager
  • Troy, NY
Posted

Can anyone shed light on how/if taking the standard deduction impacts rental property deductions? 

I run an unrelated business from home as a sole proprietor that will be impacted by the change, but my understanding is that we can still take all appropriate deductions on rental properties. We have self-manged properties in LLCs and in our own name. 

  • Jamie Brayton

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