How To Avoid a Real Estate Tax Audit

Tax season can be a real headache for landlords and real estate investors. One wrong move, and you could be leaving money on the table—or worse, inviting an audit from the IRS. But don’t worry, we’ve got your back!

In our latest webinar, Logan Ransley (Landlord Studio) sat down with real estate tax expert Thomas Castelli (CPA & host of the Tax Smart Podcast) to uncover the most common tax mistakes landlords make—and, more importantly, how to avoid them.

How To Avoid An Audit: Key Takeaways

• ‍The Biggest Tax Filing Mistakes – Are you reporting rental income on Schedule C instead of E? Missing key deductions? Filing under the wrong entity? These errors could cost you thousands.‍
• Why Poor Bookkeeping is a Profit Killer – Keeping messy records or relying on outdated spreadsheets isn’t just a hassle—it’s a major risk. Clean books = maximum deductions!‍
• How to Spot & Claim Every Deduction – Depreciation, mileage, home office expenses, repairs vs. improvements… knowing what you can (and can’t) deduct makes all the difference.‍
• IRS Audit Red Flags – Claiming excessive deductions? Misusing Real Estate Professional Status? Reporting rental losses year after year? Here’s what could trigger an audit—and how to stay in the clear.

Read our full analysis of this webinar in our article Real Estate Tax Filing Mistakes and How To Avoid an Audit

Make Tax Time Easy with Landlord Studio

Don’t let tax season stress you out! Landlord Studio helps landlords track every dollar effortlessly with automated expense tracking, receipt scanning, and easy-to-use tax reports. No more scrambling for missing receipts or guessing what you can deduct—just smooth, stress-free tax prep.

Watch the full webinar now and get expert tips to keep more money in your pocket and out of the IRS’s hands!

Connect With Thomas Castelli for More Real Estate Tax Content

• Visit his website: Thomas Castelli, CPA
• Listen to the Tax Smart Real Estate Investors Podcast
• Join the Tax Smart Insiders Community

Find him on LinkedIn Thomas Castelli, CPA, CFP® - Hall CPA PLLC | LinkedIn

About Landlord Studio

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Manage every aspect of your portfolio, from rental listings and tenant screening to rental accounting and online rent collection. Automate time consuming tasks and never deal with late rent again. Store documents, manage property maintenance and generate reports for tax time and more.

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The Profitable Rental is a podcast by Landlord Studio. We interview real estate experts and discuss practical advice on how you can build a profitable real estate portfolio.

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