910-256-3031

Property Management Blog

Tax Advantages of Owning Rental Properties

As the end of the year approaches, the spirit of the holidays may unfortunately be overshadowed by thoughts of the upcoming tax season. However, tax season doesn’t have to be a daunting thought when you’re the owner of a rental property – in fact there are many tax advantages that come along with owning rental property. Any funds you put into repairing or improving the property may be deducted as may hotel and travel expenses if you live a great distance from your property. The depreciation of property is another great advantage as the book value of a property may decrease while you are in fact increasing your non-taxable income each year. Read on for more information regarding property ownership and how it could be advantageous when you do your taxes this year!

  Read More


Connect With Us

Sweyer Property Management, LLC, Real Estate Rental Service, Wilmington, NC       

Sweyer Property Management

Wilmington Office
1612 Military Cutoff Road
Suite 101
Wilmington, NC 28403

Copyright © 2019 Sweyer Property Management. All Rights Reserved.
Website built by PMW | Sitemap | Privacy Policy

Call Us 910.256.3031