Hot topics for both consumers and webmarketers on WebmasterRadio.FM
Every Wednesday, 5PM Eastern.
June 29, 2007, Newsletter Issue #53: Rental Income
1
Tip of the Week
Regardless of whether you were in the property for one week or multiple weeks, you must report the rental profit on your taxes. However, you can also counter balance losses from certain rentals against profits on others to assist in diminishing the net taxable income, but deducting a net loss is still dependent upon laws and regulations.
2
About LifeTips
Now one of the top on-line publishers in the world, LifeTips offers
tips to millions of monthly visitors. Our mission mission is to make
your life smarter, better, faster and wiser. Expert writers earn dough
for what they know. And exclusive sponsors in each niche topic help us
make-it-all happen.
