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Investors & landlords
No. You won't be able to write off any expenses except If you borrow money to finance investments. The interest you pay on these loans is considered investment interest. This deduction is an itemized deduction so if you are able to itemize this year, you may be able to take advantage of this deduction.
To claim, go to;
- Federal
- Deductions and Credits
- Retirement and Investments
- Investment Business Expenses
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‎April 11, 2024
2:09 PM