Your company's rental inventory includes any items it rents out to customers, from DVDs to steam shovels to tuxedos. The federal tax code treats rental inventory differently from retail inventory.

For many entrepreneurs, the expense of renting an office or facility and leasing equipment for their businesses can make up a substantial portion of overhead costs. As long as the rental property is ...

Do you rent property to others? If so, you’ll want to read the following seven tips from the IRS about rental income and expenses. You generally must include in your gross income all amounts you ...

Question from Bill Russell March 5, 2005 at 3:05pm I've sold some vacant land that has been held for 30 years. It had been leased to an oil company who used it for a gas station. The income has been ...