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Rental revenue must be properly documented, handled, reported to the government, and taxed like any other income or earnings. If you are not expertise in the area of accounting, it might be a good idea to inquire about an accounting service to help manage your rental property and its finances. You must keep track of your rental income, claim expenses, and file your earnings with HMRC. To obtain Steuerberatung Vermietung , you need to work with someone who can assist you in properly planning your rental tax.  Continue reading about ways rental homes owners can prepare for tax season: Keep each property separate The finances of each rental property should be not same, just as landlords should keep their personal and professional funds unique. Keeping track of them independently is far simpler because each property offers a different set of earnings, losses, and funds. For property owners, tax season is not an easy thing. Hire a professional  Steuerberatung Vermietung  to understand renta