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Investors & landlords
For MD, you will need to file a non-resident return to report the income from your rental.
Even though your house is paid off you will still enter the cost basis of your house and take depreciation. Any repairs or maintenance while the place is rented as well as utilities you continue to pay and any property taxes.
Take a look at Schedule E. These are some of the things you can write off on your rental.
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‎April 21, 2025
7:32 AM