CHICAGO, March 13 /PRNewswire/ -- Tax planning is the second most popular subject ranked by interest level (behind how to deal with problem tenants) according to a survey of over 500 landlords. To help the approximately 10 million small and medium-sized landlords in the U.S., the editorial team at CompleteLandlord.com just released its special report, Tax Planning Secrets for Landlords, to help residential landlords educate themselves on those decisions which have a big impact on their tax liability. The report is available for free download

The report helps landlords: -- Understand how an initial decision to structure the business as a sole proprietorship, partnership or corporation affects the amount of taxes paid, and who pays them. -- Determine which of two tax years to choose and steps a landlord must take to change that decision mid-year. -- Know how the IRS defines a landlord's real estate activity as passive or non-passive. The amount of income and loss a landlord can claim on their tax return is directly related to "passive" and "non-passive" activity. This helps a landlord understand what they have "at-risk" in their rental property.

The publisher of CompleteLandlord.com, Scott Brueggeman, says, "As a residential landlord, I know how important it is to make the right decisions about tax planning from the start. This report provides key information for new landlords who need help determining their business structure, as well as fresh insight for more experienced landlords who may not know all the tax deductions available to them. For example, many landlord books, forms, and even our site's Premium Membership fees are tax deductible."

The editorial team at CompleteLandlord.com has more than 75 years of landlord, property investment, rental management and overall real estate experience. The content provided on CompleteLandlord.com is reviewed by a dedicated staff of attorneys, accountants and other real estate experts who review articles and forms to ensure accuracy and compliance with all federal, state and local real estate laws.

About CompleteLandlord.com

CompleteLandlord.com provides an online solution for landlords wanting to manage their rental properties productively and profitably. The Web site provides free educational content, advice from other landlords, the ability to tap into a panel of real estate experts, and access online state-specific products and services. CompleteLandlord.com's goal is to give the estimated 10 million small and medium-sized landlords in the U.S. the information, tools, products, services and community they need to be successful. Based in Chicago, Illinois, CompleteLandlord.com is part of the family of brands from Socrates Media, LLC. The company has helped hundreds of thousands of landlords be more profitable and productive with their rental units.

Source: CompleteLandlord.com