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Investors & landlords
Carl
Sorry for the Q on such an old thread, but engineers like to know how stuff works...
Why can a business capitalize startup expenses (Pub 535, pg 4) and get tax relief for those costs, but residential rental property owners cannot?
If I was an active participant and could show 250 hrs of active management in a year would that change the situation do you know?
Thanks
Bob
‎December 29, 2023
6:07 AM