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How would I classify my property for tax purposes?
I own a home in South Carolina but will be stationed in Italy for the next 3 years. I plan on renting rooms to a couple of friends but keeping 1 of the 3 rooms for myself. Is this classified as a rental property? What am I able to deduct at the end of the year?
Any assistance would be appreciated, thanks!
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‎February 8, 2024
11:22 AM