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 it 2663 I Form 2020

2020-2025 Form

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Instructions and help about It 2663 I Form

if you're a real estate investor or you own rental properties you have to know what this tax form is and that is Schedule E Schedule E is the supplemental income or loss form where you're going to report the income and expenses that that rental property makes so that ultimately you know if you have to pay tax on it or not but as you know if you're a real estate investor our whole goal here is to lose money on paper to then net against your W2 or business income to bring down your tax bill and so part of that is making sure that all of your activity for these rental properties that you own is accurately reported so I'm going to walk you through this form showing you what to look for and helping you understand the different sections of it my name is Matt Bond trigger and I'm a CPA that specializes in real estate taxation I started my career as a tax preparer simply preparing tax returns because that's ultimately what people need but then as

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