Can you deduct rent for home office? In the case of renters with a home office space (rather than owning one), you can deduct a percentage of your monthly rent if you qualify for the home office ...

Property depreciation is the gradual reduction in the value of a property over time due to factors like wear and tear, which can be used for tax deduction purposes. Property depreciation is typically ...

Generally accepted accounting principles dictate that rent expense should be shown on the financial statements of a business as a consistent amount from month to month. In accounting parlance, that's ...

Sometimes external forces in the economy throw the supply and demand for a product or service out of whack. Trade quotas are a common and powerful example of one such external force. One way ...

Q: I'm a new manager of a small apartment complex and would like to know how to figure out prorated rent for February. Is it the same amount as if the month had 30 or 31 days? A: Prorated rent is the ...

A good rule of thumb is to spend no more than 30% of your gross income on rent. That means if you earn $5,000 per month before taxes, you should aim to keep rent around $1,500. Try This: 4 Things You ...

If you own a rental property and want to take advantage of the tax breaks at your disposal, one thing you’ll definitely want to know is how to calculate depreciation. This nifty accounting trick ...