"Trusting your vision isn’t always easy. Especially when you're pouring money into an idea that’s still just that — an idea." ...

Regardless, you’ll have to know what’s considered “rental income” to correctly file your taxes. To qualify as a valid tax deduction, the expenses you incur relative to a rental property ...

But if you’re not looking to turn your home into a full-time rental property, the Augusta Rule can help you generate extra income that also happens to be tax-free. Vacation homes can be great ...

Economists lay out the good and the bad of the mayor’s proposal to convert thousands of short-term units to long-term housing. Maui Mayor Richard Bissen’s plan to convert several thousand ...

Whether your income is steady or varies from month to month, a budget helps you organize your expenses ... at least enough to grab the maximum. It's free money. Priority No. 3 is toxic debt.

Put simply, your profit is the sum left once you've added together your rental income and deducted any expenses or allowances. Our short video explains how tax on rental income works. If you charge ...

As a landlord, you cannot deduct expenses of a capital nature from the rental income you earn. That means, you can't deduct the cost of building an extension, or renovating a home that's in a rundown ...

The employer portion of this tax is treated as a business expense, so self-employed taxpayers are allowed to deduct it from their net business income. Both the self-employment tax and the ...