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Personal Income Tax Deductions What You Can Deduct If You Own a Rental Property - Personal Income Tax Deductions: What You Can Deduct If You Own a Rental Property

The tax season has begun, and it's time to settle your debts with the Treasury. The deadline to do so is the 30th of June. However, every year, one of the main questions for owners of rental properties is the personal income tax deductions they can claim.

In this regard, it's essential to know that tax deductions apply also to improvements made to the property or its utilities.

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How to Declare the Sale of a Home in the 2024 Income Tax Return - How to Declare the Sale of a Home in the 2024 Income Tax Return

Some doubts regarding the declaration of a property sale may arise when settling accounts with the Treasury. Knowing whether or not the operation is subject to taxation, whether we must declare in the event of losses or how to do so are essential questions we should know and that we will try to resolve below.

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