Tax time could mean saving time for landlords if they have the deductions and organization necessary to justify them. It’s easier to document rental expenses over the year than one may think, especially with the proper resources. Learn about the potential deduction claims and options, then see what resources may help you organize them all. What is Deductible? The IRS allows landlords to take deductions based on ordinary and necessary expenses for acquiring and maintaining rental properties. Typical deductible expenses include: See IRS Tax Topic 414: Rental Income and Expenses for a comprehensive list of which expenses relate. Important Note: Improvements that increase the value of the property or extend